• Short Summary

    THE WORLD COCOA PRICE IS ONE OF THE MAJOR TALKING POINTS AT THE 14TH GENERAL MEETING OF THE SIX NATION COCOA PRODUCERS' ALLIANCE WHICH OPENED IN LOME TOGO, LAST THURSDAY (MARCH 19).

  • Description

    THE WORLD COCOA PRICE IS ONE OF THE MAJOR TALKING POINTS AT THE 14TH GENERAL MEETING OF THE SIX NATION COCOA PRODUCERS' ALLIANCE WHICH OPENED IN LOME TOGO, LAST THURSDAY (MARCH 19).

    ITS UNDERSTOOD THAT AT LEAST ONE OF THE SIX NATIONS WOULD LIKE AN INCREASE SLIGHTLY HIGHER THAN THAT PROPOSED BY THE SECRETARY GENERAL OF UNITED NATIONS CONFERENCE ON TRADE AND DEVELOPMENT. THE U.N. BODY PROPOSED A RISE BETWEEN 20 AND 23 CENTS A POUND.

    ATTENDING THE CONFERENCE ARE; BRAZIL CAMEROUN; GHANA; IVORY COAST; NIGERIA AND TOGO.

    THE TOGO FOREIGN MINISTER, MR. HUNLEDE TOLD DELEGATES THAT A RECENT FALL IN COCOA PRICES HAD MADE THE REACHING OF AN INTERNATIONAL AGREEMENT A MATTER OF URGENCY. HE SAID THAT A FIXED PRIME MUST BE REACHED EVEN IF IT WAS INITIALLY IMPERFECT.

    WORLD PRODUCTION OF COCOA IN 1969-1970 OF NEARLY ONE MILLION FOUR HUNDRED THOUSAND TONS, TURNED OUT TO BE THE SECOND LARGEST CROP IN HISTORY. THE HUGE PRODUCTION IS SEEN AS BEING RESPONSIBLE FOR THE FALL IN WORLD PRICES.

  • Tags

  • Data

    Film ID:
    VLVAY3PWCWBQVPA2PP39JSBT4ZQZ
    Media URN:
    VLVAY3PWCWBQVPA2PP39JSBT4ZQZ
    Group:
    Reuters - Incuding Visnews
    Archive:
    Reuters
    Issue Date:
    24/03/1970
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Black & White
    Duration:
    00:01:16:00
    Time in/Out:
    /
    Canister:
    N/A

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