World’s Largest Cocoa Producers Consider New Pricing Mechanism
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The world’s largest cocoa producers are studying a way to be paid for the burden of having to setup systems to comply with new EU regulations on deforestation and child labor.
Ivory Coast and neighboring Ghana, which account for about two-thirds of global output, are in talks with industry players and experts about the pricing mechanism, Alex Assanvo, executive secretary of the Ivory Coast-Ghana Cocoa Initiative, said.