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
-
Rogers and Palmer can play together – Alonso
4 minutes -
Diomande agrees Real Madrid terms as PSG step away
16 minutes -
Inter in advanced talks with England defender Stones
26 minutes -
Chelsea open talks to sign Henderson and Welbeck
33 minutes -
Ex-convict jailed for unlawful entry and stealing
44 minutes -
Unemployed gets 12 years jail term for robbing a trader
55 minutes -
AG hauls former N.N. Est, M.N.D. Metals General Manager to court over alleged $280,000 theft
1 hour -
Interior Ministry inaugurates new Audit Committee to strengthen accountability
1 hour -
IMF describes Ghana’s ECF programme as broadly satisfactorily
1 hour -
Christians urged to embrace spiritual authority, become agents of transformation in society
1 hour -
Fuel price hikes driven by international trends, not OMC margins — COMAC
1 hour -
NPP can’t be equated to the NDC in any way – Eric Adjei
2 hours -
IMF Board completes 6th and final review of ECF programme, describes PCI as anchor to reform agenda
2 hours -
Cracker Barrel chief executive steps down a year after rebrand chaos
2 hours -
Trump defends tariffs in hard-hit Michigan as Canada tax hike looms
2 hours