{"id":295967,"date":"2011-03-09T16:02:50","date_gmt":"2011-03-09T16:02:50","guid":{"rendered":"http:\/\/www.ghanamma.net\/2011\/03\/09\/cote-divoire-gbagbo-takes-control-of-cocoa-industry\/"},"modified":"2011-03-09T16:02:50","modified_gmt":"2011-03-09T16:02:50","slug":"cote-divoire-gbagbo-takes-control-of-cocoa-industry","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2011\/03\/09\/cote-divoire-gbagbo-takes-control-of-cocoa-industry\/","title":{"rendered":"Cote d&#8217;Ivoire: Gbagbo Takes Control of Cocoa Industry"},"content":{"rendered":"<div readability=\"43.339908953\">\n<hr class=\"thin clear\" \/><!-- close google_banner_mid div ---><\/p>\n<hr class=\"thin clear\" \/>\n<p>\n<a href=\"http:\/\/www.english.rfi.fr\/africa\" target=\"_blank\" rel=\"noopener noreferrer\"><img decoding=\"async\" src=\"http:\/\/www.ghanamma.net\/wp-content\/uploads\/2011\/03\/7305b8cerfi-logo-en.jpg\" alt=\"Radio France Internationale (Paris)\" title=\"Visit Radio France Internationale (Paris)\" \/><\/a>\n<\/p>\n<p><!-- begin story layout piece here --><\/p>\n<p> 9 March 2011<\/p>\n<hr class=\"thin clear\" \/>\n<p>France is protesting at C\u00f4te d&#8217;Ivoire strongman Laurent Gbagbo&#8217;s decision to take control of key purchases and exports of cocoa, calling the move an &#8220;illegal decision&#8221;.<\/p>\n<p>Yesterday Gbagbo ordered his government to take control of the industry, which is dominated by a number of multinational companies.<\/p>\n<p><!-- close google_inset_a div ---><\/p>\n<p>&#8220;It is a plundering of private operators which will further deepen the economic crisis into which Gbagbo &#8211; who has already attacked the central bank &#8211; has plunged the country,&#8221; said French foreign ministry spokesperson Bernard Valero.<\/p>\n<p>Gbagbo is under pressure from sanctions by the European Union. The former president of the country has refused to stand down and cede power to his rival Allassane Ouattara, widley recognised as winner of the November 2010 elections.<\/p>\n<p>Carsten Fritsch, a specialist in commodities at Germany&#8217;s Commerzbank, told RFI that the move could mean danger for the cocoa market.<\/p>\n<p>&#8220;The risk is that cocoa prices will further rise to 1,000 dollars or even above that since the sanctions imposed by the United States and the European Union will remain for longer,&#8221; he said.<\/p>\n<p>Cote d&#8217;Ivoire produces nearly a third of the world&#8217;s cocoa beans.<\/p>\n<p>This means that &#8221; not the entire crop will enter the market, leaving the market short [&#8230;] at least for the time being,&#8221; he said, adding that there has been a lot of smuggling to neighbouring Ghana.<\/p>\n<p>Valero said that France has urged all international economic operators to continue blocking illegal exprotation of Ivorian cocoa, as legitimate Ivorian authorities have requested.<\/p>\n<p><i><strong><a href=\"http:\/\/www.english.rfi.fr\/africa\/20110309-france-protests-gbagbo-move-cocoa\" target=\"_blank\" rel=\"noopener noreferrer\">Read or Listen to this story on the RFI website<\/a><\/strong><\/i><\/p>\n<p><!-- end story layout piece here --><\/p>\n<p><!-- close google_banner_subbody div ---><\/p>\n<fieldset>\n<legend align=\"center\"><b>More News on allAfrica.com<\/b><\/legend>\n<\/fieldset>\n<p>AllAfrica &#8211; All the Time<\/p>\n<p><a name=\"comments\"><\/a><\/p>\n<p><a name=\"c|main|main|id|0CSrc-FhJUuOcMvx\"><\/a><\/p>\n<p><a name=\"c|main|main|id|0CSbbTQfu7nm8ftV\"><\/a><\/p>\n<p><a name=\"c|main|main|id|0CSozd4XIUawUJQj\"><\/a><\/p>\n<hr \/>\n<\/div>\n<p><img decoding=\"async\" src=\"\" \/><\/p>\n<p>Originally posted here:<br \/>\n<a target=\"_blank\" href=\"http:\/\/allafrica.com\/stories\/201103090853.html\" title=\"Cote d'Ivoire: Gbagbo Takes Control of Cocoa Industry\" rel=\"noopener noreferrer\">Cote d&#8217;Ivoire: Gbagbo Takes Control of Cocoa Industry<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p> 9 March 2011 France is protesting at C\u00f4te d&#8217;Ivoire strongman Laurent Gbagbo&#8217;s decision to take control of key purchases and exports of cocoa, calling the move an &#8220;illegal decision&#8221;. Yesterday Gbagbo ordered his government to take control of the industry, which is dominated by a number of multinational companies<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-295967","post","type-post","status-publish","format-standard"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Cote d&#039;Ivoire: Gbagbo Takes Control of Cocoa Industry - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2011\/03\/09\/cote-divoire-gbagbo-takes-control-of-cocoa-industry\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Cote d&#039;Ivoire: Gbagbo Takes Control of Cocoa Industry - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"9 March 2011 France is protesting at C\u00f4te d&#039;Ivoire strongman Laurent Gbagbo&#039;s decision to take control of key purchases and exports of cocoa, calling the move an &quot;illegal decision&quot;. 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