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COMMON FUND FOR COMMODITIES
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Improvement of Cocoa Marketing and Trade in Liberalising Cocoa-Producing Countries (ICCO/11FA)

 

Project completed in 2010

The central objectives of the project are to improve the quality of cocoa and the efficiency and transparency of cocoa marketing and trade within the framework of a liberalised market. Implemented in Cameroon, Côte d’Ivoire and Nigeria, the core of the project is to develop and test a cocoa marketing system that responds to private sector needs and is based on the improved access to credit by using warehouse receipts as collateral on a pilot basis. Expanded participation of local banks and financing institutions, cocoa traders and smallholder farmers is envisaged so as to optimise the potential benefits to stakeholders from liberalisation and reforms.