International Cocoa Organization


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International Cocoa Organization

An international organization for both cocoa importing and exporting countries. It promotes sustainability and advises on all facets of the cocoa sector. It was established in 1973 and is based in London.
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38 billion Deputy Trade Minister Mahendra Siregar said demand for cacao in the world market is forecast to grow 4% this year as estimated by the International Cocoa Organization.
and also the Chairman of the International Cocoa Organization.
It was endorsed by a wide variety of groups including the government of Ivory Coast, the International Labor Organization's child labor office, Free the Slaves, the Child Labor Coalition, the International Cocoa Organization (which represents cocoa-growing countries) and the National Consumer League.
According to International Cocoa Organization Columbia is included in the group of countries producing 10-100 thousand tons of cocoa beans.
Where Chocolate Comes From (Percentage of World Cocoa Bean Production) Ivory Coast 40% Ghana 16% Indonesia 15% Brazil 6% Nigeria 5% Cameroon 5% Equador 3% Rest of the world 10% SOURCE: INTERNATIONAL COCOA ORGANIZATION, LONDON Note: Table made from pie chart.
In addition, buffer stocks are warehoused for the International Cocoa Organization and the International Natural Rubber Organization.
Purchasing directly from farmers and paying a wage above prices identified by the International Cocoa Organization (ICCO) for organic cocoa beans (or cacao beans, as they are referred to locally), Nahualli Trading Co.
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