The world's biggest cocoa producers have been meeting in the Ivory Coast to try and end the disagreements among them on international prices.
GV EXTERIOR Stabilisation Fund Building
GV INTERIOR Cocoa Producers Alliance meeting in progress
SV PAN FROM C.P.A. President and Deputy Secretary seated TO other delegates
CU Brazilian and Gabonese delegates PAN TO Togolese delegate
SV PAN FROM Ivory Coast TO Nigerian and Cameroonian delegates
SV PAN All delegates
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Background: The world's biggest cocoa producers have been meeting in the Ivory Coast to try and end the disagreements among them on international prices.
SYNOPSIS: Ministers from African member-nations of the Cocoa Producers Alliance -- the CPA -- gathered in Abidjan to try and resolve price differences which have dragged on for more than a year since their last meeting in Togo.
The meeting also comes at a time of difficulty for the producers - suffering from disease and a decline in the world lead taken from Latin American markets fifty years ago. The CPA includes six West African nations, and Brazil - which however was only given observer status at the latest meeting.
The African producers outstripped South American production in 1920, and until the 1950's produced two thirds of the world's cocoa. Among factors affecting the African cocoa producers, apart from price disagreement and disease, are international market fluctuations and the decline of plantations over the past 15 years.