FT.com / Commodities – Cocoa traders ready to pay Gbagbo

Former president Laurent Gbagbo has demanded taxes be paid on cocoa exports by the end of the month threatening confiscation of $1.3bn worth of crops. In an effort to remove Gbagbo, who has held on to power after losing elections late last year, president-elect Alassane Ouattara requested the international community cease importing cocoa from Cote d’Ivoire. The government is reliant on export revenue and payment by importers may prolong Gbagbo’s stay. -RM

FT.com / Commodities – Cocoa traders ready to pay Gbagbo.

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