{"id":21262,"date":"2021-06-23T07:29:48","date_gmt":"2021-06-23T07:29:48","guid":{"rendered":"https:\/\/bartalks.net\/?p=21262"},"modified":"2021-06-23T07:30:05","modified_gmt":"2021-06-23T07:30:05","slug":"cote-divoire-says-sanctions-await-those-who-dont-pay-lid","status":"publish","type":"post","link":"https:\/\/bartalks.net\/cote-divoire-says-sanctions-await-those-who-dont-pay-lid\/","title":{"rendered":"C\u00d4TE D&#8217;IVOIRE SAYS SANCTIONS AWAIT THOSE WHO DON&#8217;T PAY LID"},"content":{"rendered":"\n<p>Ivory Coast\u2019s cocoa regulator, Conseil Cafe Cacao (CCC), has named the chocolate makers, who it says continues to refuse to pay the Living Income Differential (LID), which is a premium of $400 a tonne set up by the world&#8217;s biggest cocoa producer and second-biggest producer, Ghana in 2019.<\/p>\n\n\n\n<p>Implementing the LID was an important step toward alleviating the poverty of the millions of small cocoa farmers who may live on as little as $0.45 a day. Although chocolate companies agreed to comply, some have resisted, and point to weak demand and difficult trading conditions.<\/p>\n\n\n\n<p>Reuters News <a href=\"https:\/\/www.reuters.com\/article\/ivorycoast-cocoa-idAFL3N2O03JD\" target=\"_blank\" rel=\"noreferrer noopener\">reports<\/a> that the CCC was pointing the finger at some companies, including Mondel\u0113z International, whom they say is avoiding the LID by the backdoor. <\/p>\n\n\n\n<p>According to the report, the CCC believes that the chocolate companies are discounting the country premium against the LID. The quality of the cocoa normally attracts a premium of ($99-$212) a tonne, but this has now turned into a discount.<\/p>\n\n\n\n<p>This negative differential, claims the CCC, is just another way to avoid paying the Living Income premium, but the chocolate companies disagree, saying the price reflects current market conditions.<\/p>\n\n\n\n<blockquote class=\"wp-block-ugb-blockquote ugb-blockquote ugb-a46d94c ugb-blockquote--v3 ugb-blockquote--design-plain ugb-main-block\"><style>.ugb-a46d94c .ugb-blockquote__quote{width:70px !important;height:70px !important}.ugb-a46d94c .ugb-blockquote__text{font-size:0.75em !important}<\/style><div class=\"ugb-inner-block\"><div class=\"ugb-block-content\"><div class=\"ugb-blockquote__item\"><svg viewbox=\"0 0 50 50\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"ugb-blockquote__quote\" width=\"70\" height=\"70\"><path d=\"M19.8 9.3C10.5 11.8 4.6 17 2.1 24.8c2.3-3.6 5.6-5.4 9.9-5.4 3.3 0 6 1.1 8.3 3.3 2.2 2.2 3.4 5 3.4 8.3 0 3.2-1.1 5.8-3.3 8-2.2 2.2-5.1 3.2-8.7 3.2-3.7 0-6.5-1.2-8.6-3.5C1 36.3 0 33.1 0 29 0 18.3 6.5 11.2 19.6 7.9l.2 1.4zm26.4 0C36.9 11.9 31 17 28.5 24.8c2.2-3.6 5.5-5.4 9.8-5.4 3.2 0 6 1.1 8.3 3.2 2.3 2.2 3.4 4.9 3.4 8.3 0 3.1-1.1 5.8-3.3 7.9-2.2 2.2-5.1 3.3-8.6 3.3-3.7 0-6.6-1.1-8.6-3.4-2.1-2.3-3.1-5.5-3.1-9.7 0-10.7 6.6-17.8 19.7-21.1l.1 1.4z\"><\/path><\/svg><div class=\"ugb-blockquote__content\"><p class=\"ugb-blockquote__text\">In recent weeks, when we have seen an upturn in economic activity and therefore in demand, the major groups have refused to pay the LID &#8211; A statement from the CCC according to Reuters<\/p><\/div><\/div><\/div><\/div><\/blockquote>\n\n\n\n<p>Mondel\u0113z issued a rebuttal, saying it was paying the LID in full and told Reuters that it:<\/p>\n\n\n\n<blockquote class=\"wp-block-ugb-blockquote ugb-blockquote ugb-a73dd1b ugb-blockquote--v3 ugb-blockquote--design-plain ugb-main-block\"><style>.ugb-a73dd1b .ugb-blockquote__quote{width:70px !important;height:70px !important}.ugb-a73dd1b .ugb-blockquote__text{font-size:0.75em !important}<\/style><div class=\"ugb-inner-block\"><div class=\"ugb-block-content\"><div class=\"ugb-blockquote__item\"><svg viewbox=\"0 0 50 50\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"ugb-blockquote__quote\" width=\"70\" height=\"70\"><path d=\"M19.8 9.3C10.5 11.8 4.6 17 2.1 24.8c2.3-3.6 5.6-5.4 9.9-5.4 3.3 0 6 1.1 8.3 3.3 2.2 2.2 3.4 5 3.4 8.3 0 3.2-1.1 5.8-3.3 8-2.2 2.2-5.1 3.2-8.7 3.2-3.7 0-6.5-1.2-8.6-3.5C1 36.3 0 33.1 0 29 0 18.3 6.5 11.2 19.6 7.9l.2 1.4zm26.4 0C36.9 11.9 31 17 28.5 24.8c2.2-3.6 5.5-5.4 9.8-5.4 3.2 0 6 1.1 8.3 3.2 2.3 2.2 3.4 4.9 3.4 8.3 0 3.1-1.1 5.8-3.3 7.9-2.2 2.2-5.1 3.3-8.6 3.3-3.7 0-6.6-1.1-8.6-3.4-2.1-2.3-3.1-5.5-3.1-9.7 0-10.7 6.6-17.8 19.7-21.1l.1 1.4z\"><\/path><\/svg><div class=\"ugb-blockquote__content\"><p class=\"ugb-blockquote__text\">Does not offer or have any influence over negative country differentials.<\/p><\/div><\/div><\/div><\/div><\/blockquote>\n\n\n\n<p>The CCC retorted:<\/p>\n\n\n\n<blockquote class=\"wp-block-ugb-blockquote ugb-blockquote ugb-2fb776e ugb-blockquote--v3 ugb-blockquote--design-plain ugb-main-block\"><style>.ugb-2fb776e .ugb-blockquote__quote{width:70px !important;height:70px !important}.ugb-2fb776e .ugb-blockquote__text{font-size:0.75em !important}<\/style><div class=\"ugb-inner-block\"><div class=\"ugb-block-content\"><div class=\"ugb-blockquote__item\"><svg viewbox=\"0 0 50 50\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"ugb-blockquote__quote\" width=\"70\" height=\"70\"><path d=\"M19.8 9.3C10.5 11.8 4.6 17 2.1 24.8c2.3-3.6 5.6-5.4 9.9-5.4 3.3 0 6 1.1 8.3 3.3 2.2 2.2 3.4 5 3.4 8.3 0 3.2-1.1 5.8-3.3 8-2.2 2.2-5.1 3.2-8.7 3.2-3.7 0-6.5-1.2-8.6-3.5C1 36.3 0 33.1 0 29 0 18.3 6.5 11.2 19.6 7.9l.2 1.4zm26.4 0C36.9 11.9 31 17 28.5 24.8c2.2-3.6 5.5-5.4 9.8-5.4 3.2 0 6 1.1 8.3 3.2 2.3 2.2 3.4 4.9 3.4 8.3 0 3.1-1.1 5.8-3.3 7.9-2.2 2.2-5.1 3.3-8.6 3.3-3.7 0-6.6-1.1-8.6-3.4-2.1-2.3-3.1-5.5-3.1-9.7 0-10.7 6.6-17.8 19.7-21.1l.1 1.4z\"><\/path><\/svg><div class=\"ugb-blockquote__content\"><p class=\"ugb-blockquote__text\">(We will) stop all the sustainability and certification programs of Mondel\u0113z that are ongoing with Cargill, and all the other exporters &#8211; a CCC official who wanted to remain anonymous<\/p><\/div><\/div><\/div><\/div><\/blockquote>\n\n\n\n<p>Although both parties need each other, the acrimony looks set to continue, at least until market conditions improve. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ivory Coast\u2019s cocoa regulator, Conseil Cafe Cacao (CCC), has named the chocolate makers, who it says continues to refuse to pay the Living Income Differential (LID), which is a premium of $400 a tonne set up by the world&#8217;s biggest cocoa producer and second-biggest producer, Ghana in 2019. Implementing the LID was an important step [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":21298,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_gspb_post_css":"","site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[1701,1838,1832],"tags":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/bartalks.net\/wp-json\/wp\/v2\/posts\/21262"}],"collection":[{"href":"https:\/\/bartalks.net\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bartalks.net\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bartalks.net\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/bartalks.net\/wp-json\/wp\/v2\/comments?post=21262"}],"version-history":[{"count":0,"href":"https:\/\/bartalks.net\/wp-json\/wp\/v2\/posts\/21262\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bartalks.net\/wp-json\/wp\/v2\/media\/21298"}],"wp:attachment":[{"href":"https:\/\/bartalks.net\/wp-json\/wp\/v2\/media?parent=21262"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bartalks.net\/wp-json\/wp\/v2\/categories?post=21262"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bartalks.net\/wp-json\/wp\/v2\/tags?post=21262"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}