Ivory Coast's Alassane Ouattara Wants EU Sanctions on 5 Cocoa Exporters

The administration of Ivory Coast’s President-Elect, Alassane Ouattara, called for European Union sanctions against five cocoa exporters who defied his call for a month-long suspension of exports to pressure the government of Laurent Gbagbo, who has refused to step down as president.

“Five shippers have decided to effectuate unauthorized operations in defiance of the ban,” Guillame Soro, Ouattara’s prime minister, said in an e-mailed statement today. “As a result the companies and their managers will be proposed to the sanctions committees of the United Nations, the European Union and the U.S.”

The list included Safcacao, Ivory Coast’s largest locally owned cocoa exporter. Cocoa upon which taxes have already been paid can be shipped, Ouattara’s administration has said.

To contact the reporter on this story: Pauline Bax in Johannesburg at pbax@bloomberg.net

To contact the editor responsible for this story: Antony Sguazzin at asguazzin@bloomberg.net

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