The General Agricultural Workers Union has commended government for reaching a common floor price agreement with Ivory Coast for cocoa.
The agreement will also see the halting of sale of cocoa for the 2020/2021 crop season.
Speaking on GBC’s ‘Behind The News’, General Secretary of the General Agricultural Workers Union, GAWU, Edward Kereweh said the move is one of the best to boost the sector, though it is not a panacea to the challenges within the cocoa industry.
He urged government to further develop mechanisms to add value to the produce.
Mr. Kereweh was hopeful that government will find a way out to remunerate farmers during the suspension of the sale of cocoa.
This follows an intensive two-day stakeholder engagement which hitherto ended in a snag on the first day.
To this end, the two major cocoa producers – Ghana and Cote D’Ivoire, have agreed to “suspend the sale of the 2020/2021 cocoa beans to pave way for the implementation of the floor price”.
Both economies and the global players are to meet on July 3 for the full implementation of this deal.