{"id":1081495,"date":"2022-05-09T15:55:41","date_gmt":"2022-05-09T15:55:41","guid":{"rendered":"https:\/\/www.ghanamma.com\/2022\/05\/09\/european-commission-must-accept-ghana-cote-divoire-proposal-meps\/"},"modified":"2022-05-09T15:55:41","modified_gmt":"2022-05-09T15:55:41","slug":"european-commission-must-accept-ghana-cote-divoire-proposal-meps","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2022\/05\/09\/european-commission-must-accept-ghana-cote-divoire-proposal-meps\/","title":{"rendered":"European Commission must accept Ghana, Cote D\u2019Ivoire proposal\u2014MEPs"},"content":{"rendered":"<p><\/p>\n<div style=\"font-size: 17px;\">\n                                                   Accra, May 09, GNA- Eight Members of the European Parliament (MEPs) have called on the European Commission (EC) to open negotiations with Cote D\u2019Ivoire and Ghana to reach an Economic Pact for Sustainable Cocoa.<\/p>\n<div class=\"kMultiLine\"><img decoding=\"async\" src=\"https:\/\/www.ghanamma.com\/wp-content\/uploads\/2022\/05\/1.21472075.jpeg\" width=\"100%\" height=\"\" alt=\"\" title=\"\" class=\"kMediaObject\"\/><\/div>\n<div class=\"kMultiLine\">The Group, in a letter dated April 27, 2022, and addressed to the Executive Vice-Presidents and Commissioners of the EU, noted that the \u201clow and unstable price\u201d the West African countries and their farmers received for their cocoa was a \u201ckey driver of child labour and deforestation,\u201d and not only a human right issue, needing immediate attention.<\/div>\n<div class=\"kMultiLine\">\u201cThe vast majority of farmers in these two leading cocoa-producing countries live in extreme poverty, earning well under $1 USD per day. Despite back-breaking labour, farmers receive a pittance for the cocoa they produce: only around 6 per cent of the final sale price of a chocolate bar,\u201d the MEPs said.<\/div>\n<div class=\"kMultiLine\">They observed that the low price of cocoa was partly as a result of a growing oversupply of cocoa on the world market, which had forced prices downwards over the years.<\/div>\n<div class=\"kMultiLine\">\u201cThis causes frequent price shocks. Companies can hedge against these risks and protect themselves, but small farmers cannot, and have no government subsidies or insurance to protect them,\u201d they said.<\/div>\n<div class=\"kMultiLine\">The call was necessitated by a proposal by Ghana and Cote D\u2019Ivoire to the EU for the adoption of an Economic Pact for Sustainable Cocoa in order to holistically address the economic, social, and environmental issues relating to sustainable development of the cocoa sector.<\/div>\n<div class=\"kMultiLine\">In a joint statement issued by the Heads of State of the two leading cocoa producing countries on February 18, 2022, they recognised that that the worst forms of child labour and deforestation \u201care linked to the living conditions of cocoa farmers.\u201d<\/div>\n<div class=\"kMultiLine\">The Group agreed with the positions of Ghana and Cote D\u2019Ivoire and said the proposed Economic Pact would provide an opportunity to reach an agreement with the producer countries on a way forward on the key issue of price as well as other sustainability issues.<\/div>\n<div class=\"kMultiLine\">The MEPs said the Pact would also help to obtain a concrete outcome of the Cocoa Talks \u2013 an initiative, which brings together representatives from EU member states, cocoa producing countries, industry and civil society organisations to advance the cocoa sustainability and equity agenda.<\/div>\n<div class=\"kMultiLine\">They said the negotiations should entail an agreement between all parties on what would be done to resolve the low price of cocoa, the management of cocoa supply to prevent market shocks, and sustainability.<\/div>\n<div class=\"kMultiLine\">\u201cThe negotiations should not only be conducted between the EU, and governments of Ghana and Cote d\u2019Ivoire, but should bring together all important actors, such as cocoa-buying companies, and NGOs.<\/div>\n<div class=\"kMultiLine\">\u201cThe Commission should engage stakeholders at the very start and map their vision for the desired outcome of such negotiations to lay the groundwork for the negotiations,\u201d it said.<\/div>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Accra, May 09, GNA- Eight Members of the European Parliament (MEPs) have called on the European Commission (EC) to open negotiations with Cote D\u2019Ivoire and Ghana to reach an Economic Pact for Sustainable Cocoa. The Group, in a letter dated April 27, 2022, and addressed to the Executive Vice-Presidents and Commissioners of the EU, noted [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1081497,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[72],"tags":[2777,3414,2983,2984,4107,85,12656],"class_list":["post-1081495","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-accept","tag-commission","tag-cote","tag-divoire","tag-european","tag-ghana","tag-proposalmeps"],"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1081495","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/comments?post=1081495"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1081495\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/media?parent=1081495"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/categories?post=1081495"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/tags?post=1081495"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}