Audio By Carbonatix
President John Dramani Mahama and Ivorian President Alassane Ouattara have reaffirmed their commitment to closer cooperation in the cocoa sector following a high-level summit held in Abidjan on Tuesday, June 16, on the future of the cocoa economy.
The meeting ended with the signing of a joint declaration aimed at improving farmer incomes, promoting sustainability, and increasing local cocoa processing in both countries, which together produce about 60% of the world's cocoa.
A key outcome was the decision to reinforce the Living Income Differential (LID) and further harmonise producer prices to help shield farmers from fluctuations in international market prices.

The two leaders also agreed to strengthen efforts to combat illegal mining, protect water bodies, and address the effects of climate change on cocoa production.
In addition, Ghana and Côte d’Ivoire pledged to deepen research collaboration to tackle Cocoa Swollen Shoot Virus Disease (CSSVD) and other pests affecting farms.

President Mahama returned to Accra on Tuesday after the summit, which concluded with both countries reaffirming their commitment to strengthening cooperation across the cocoa value chain.
Below are some photos from the summit:














Latest Stories
-
The Pensioner’s Dilemma: What falling interest rates really mean for retirees in Ghana
3 minutes -
Interior Minister inaugurates 13-member committee to probe causes of recent building collapses
4 minutes -
Consent as a defence in the Bole SHS teacher case
11 minutes -
SOMOCO unveils upgraded Bajaj RE Tricycle to boost transport business and job creation
18 minutes -
Play for the flag – Mahama charges Black Stars ahead of Panama World cup opener
25 minutes -
All Ghanaians to watch Black Stars World cup games free-to-air – Mahama
35 minutes -
RTI Commission must crack down on unlawful information charges – Zakariah Tanko Musah
35 minutes -
Ashanti Regional Minister orders clearance of encroachment at Agona Lorry terminal
50 minutes -
Kwahu West Health Director calls for handwashing with soap in basic schools
58 minutes -
THE LAW 101: Illegal extortionate RTI fees weaponised by rogue institutions against transparency
1 hour -
Pollution near schools may be undermining learning, Researcher warns
1 hour -
I’m ready for divorce if… – Florence Obinim declares
1 hour -
Ghana and The Gambia strengthen education partnership through high-level study visit
1 hour -
Group planned to attack White House UFC event using snipers and drones, FBI says
1 hour -
One dead in Truck and Saloon car collision at Ako Adjei interchange
1 hour