Business & Finance

Oppong Nkrumah Says Ghana’s Cocoa, Coffee Could Soon Be “Unexportable”

The Minister for Information, Kojo Oppong Nkrumah has disclosed that Europe has established a law that could render the cocoa and coffee from Ghana “unexportable” to the international markets.

This was brought to the attention of the government by the Ghana Embassy in Belgium under the leadership of Ambassador Sena Boateng, the Information Minister said.

Ghana is not the only African country that risks being disadvantaged by the law.

Côte D’Ivoire faces the same risk.

“Ghana and Côte d’Ivoire need to act quickly to secure the industry while meeting the interests of European markets, else millions of households and our entire economies could be significantly affected soon”, Oppong Nkrumah said in a tweet.

This can be forestalled, he assured.

He noted that the government has commenced work on realigning Ghanaian and European interests in cocoa and coffee.

“Thankfully, this work has started. Our task is to see it through”, he said.

Under the new law, the European Union (EU) will not buy cocoa beans from deforested cocoa farmlands, it has been reported.

Source: opemsuo.com/Hajara Fuseini

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