Finance Minister Dr Cassiel Ato Forson has called for a major transformation of the cocoa sector. He said the industry must become more resilient, prosperous and profitable for farmers in Ghana and Côte d’Ivoire.
Dr Forson made the call while chairing the 7th Steering Committee Meeting of the Côte d’Ivoire-Ghana Cocoa Initiative in Abidjan.
Stronger Partnership Needed
According to the Finance Minister, closer cooperation between Ghana and Côte d’Ivoire is essential for the future of the cocoa industry.
“The cocoa sector deserves to be transformed into one that is more resilient, prosperous and profitable for the benefit of both our countries and our farmers,” he said.
He noted that the two countries remain the world’s largest cocoa producers. Therefore, they must work together to protect the sector and improve the livelihoods of millions of farmers.
Common Challenges Facing the Industry
Dr Forson said both countries face similar challenges. These include unstable market prices, climate-related risks and threats to cocoa production.
However, he believes stronger collaboration can help Ghana and Côte d’Ivoire respond more effectively to these challenges.
“As the world’s two leading cocoa-producing countries, we must engage more consistently and strategically to protect our economies,” he said.
He added that closer cooperation would help both nations anticipate challenges, reduce shocks and play a greater role in shaping the future of the global cocoa industry.
Focus on Practical Solutions
The Finance Minister stressed that dialogue alone is not enough. Instead, discussions must lead to practical actions that deliver real benefits for cocoa farmers and future generations.
He urged members of the Steering Committee to focus on concrete measures that will strengthen the partnership between the two countries and support cocoa-growing communities.
Mahama and Ouattara Expected to Meet
Dr Forson also revealed that President John Mahama and Côte d’Ivoire President Alassane Ouattara are expected to hold a high-level meeting soon.
The meeting is expected to reaffirm the strategic partnership between the two countries and demonstrate their shared commitment to the growth and sustainability of the cocoa sector.
