ICCO Cocoa Celebrates 50th Anniversary in Abidjan.

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In Abidjan, Ivory Coast, the International Cocoa Organization (ICCO) celebrated its 50th anniversary by talking about sustainability in the region’s agricultural supplies that support the worldwide chocolate industry, reports Neill Barston.

The event was attended by more than 1,000 guests, including the President of the Republic of Cote d’Ivoire, His Excellency M. Alassane OUATTARA, and His Excellency M. Nana Akuffo-Addo, the President of Ghana.

The organization reported that its significant 108th session, which was held between 2 and 6 October at the Palm Club Hotel and presided over by Mr. Abel Fernandez of the Dominican Republic, was the group’s first in-person meeting in three years as a result of the Covid-19 pandemic.

Notably, it was noted that ICCO members had a fruitful discussion and contributed significantly to the study of the most recent changes in the world cocoa sector. The appointment of Mr. Rafael Soriano, the Ambassador of Spain to the Ivory Coast, as the new President of the International Cocoa Council was one of the primary subjects discussed during the week.

A discussion of recent developments in the world cocoa market, which has seen international prices traded on stock exchanges at 40-year highs, was also on the agenda. The next global cocoa conference will be held in Brussels from April 21–24, 2024. This in turn led to news last month that farmer pay had increased throughout the area, by 63% in Ghana and 11% in neighboring Ivory Coast.

The 5th World Cocoa Conference, to be held from April 21 to 24, 2024, will be organized by the ICCO, which has continued its work over the past 50 years, linked to the UN, with its headquarters in the Ivory Coast after having previously been based in London. 

The following session of the International Cocoa Council will take place in Brussels, Belgium, in April 2024, following the 5th World Cocoa Conference. There are 52 members in all, including 29 nations that import cocoa and 23 countries that export it.

According to the group, its primary objectives continue to be to operate as a hub for information and innovation while working to improve the living conditions of cocoa farmers and the economic, social, and environmental sustainability of the cocoa value chain. Along with offering technical support, it also aims to serve as a forum for communication between the major participants in the cocoa value chain and among its member nations.

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