TOGO: INTERNATIONAL CONFERENCE OF COCOA PRODUCERS DISCUSSES LATEST TRENDS AND DEVELOPMENTS IN WORLD MARKET.

Record ID: 648423

  • Title: TOGO: INTERNATIONAL CONFERENCE OF COCOA PRODUCERS DISCUSSES LATEST TRENDS AND DEVELOPMENTS IN WORLD MARKET.
  • Date: 12th October 1979
  • Summary: 1. GV EXTERIOR: Delegates arriving at conference hall in Lome. 0.06 2. GV: More delegates arrive and greeted by officials (2 shots) 0.19 3. GV: United States delegate arrives, gets out of car, enters building. 0.29 4. GV: More delegates arrive and greeted (3 shots) 0.54 5. GV AND CU INTERIOR: Officials at conference table. (2 shots) 1.07 Initials RH/ Script is copyright Reuters Limited. All rights reserved
  • Embargoed: 27th October 1979 13:00
  • Keywords:
  • Location: LOME, TOGO
  • Country: Togo
  • Reuters ID: LVAIKMKB8VGY54D5EB8WY4Q151B
  • Story Text: The world's leading producers of cocoa met in Togo on Monday (8 October) to discuss the latest trends and developments in the international market.

    SYNOPSIS: Delegates belonging to the Alliance of Cocoa Producers gathered in the Togan Parliament building in Lome. Cocoa is the principal export crop of several African nations including Togo, Ghana and the Ivory Coast. The three countries have recently attempted to stop black market trading over their borders which has lost Ghana an estimated ninety thousand tons of cocoa annually and contributed to Ghana losing its position as the world's leading coffee exporter.

    While the conference was being held, major changes were taking place in neighbouring Ghana. The Chief executive of the Ghana Cocoa Marketing Board resigned and reports from Accra indicate that a Cocoa Council is to be formed by the country's new civilian government. During the election campaign President Hilla Limann promised to undertake research aimed at containing the spread of cocoa diseases. Smuggling into Togo and Ivory Coast has been reduced by trebling the price paid to Ghanaian farmers for cocoa. This has discouraged black market sales for large sums of money over the border.
  • Copyright Holder: REUTERS
  • Copyright Notice: (c) Copyright Thomson Reuters 2015. Open For Restrictions - http://about.reuters.com/fulllegal.asp
  • Usage Terms/Restrictions: None
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