Côte d’Ivoire Asks India to Source Cocoa Directly from It

Côte d’Ivoire Asks India to Source Cocoa Directly from It

Côte d’Ivoire, the largest cocoa producer globally, is set to send a high-powered team to India in November. The team’s objective is to negotiate with the Indian government to source cocoa directly from Côte d’Ivoire. Indian consumption of cocoa and chocolate products has been growing rapidly. By establishing a direct trade relationship, Côte d’Ivoire aims to enhance trade ties and reduce dependency on intermediaries. This move could also potentially lead to better prices for Côte d’Ivoire’s cocoa farmers and benefit both countries. With cocoa being a vital export commodity for Côte d’Ivoire, securing direct sourcing agreements with major consumer countries like India is crucial for sustaining its economy.

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