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ABIDJAN (Reuters) - Ivory Coast’s domestic cocoa traders association GNI has called for the regulator in the world’s top bean producer to introduce reforms that would end the dominance of six multinationals in handling the West African country’s cocoa exports.
A worker sits near a pile of sacks of cocoa at a warehouse in Soubre, Ivory Coast January 8, 2021. REUTERS/Luc Gnago/File Photo
GNI, which represents 15 domestic cocoa companies with purchasing and export capacity of about 300,000 tonnes of beans a year, said in a Jan. 22 letter seen by Reuters that their survival depended on introducing the changes.