The government of Côte d’Ivoire is considering reforms to its cocoa marketing system. The plan aims to better align farmer prices with global cocoa market trends. Officials want to address problems caused by excess cocoa supply. Côte d’Ivoire is the world’s largest producer of cocoa beans. Authorities say the changes could help stabilize the industry.
The reforms may also improve income for cocoa farmers. Experts believe a new pricing approach could reduce market imbalances. Discussions on the proposed reforms are still ongoing.