Côte d’Ivoire and Ghana have agreed to harmonise their cocoa farm-gate pricing policies in order to improve farmer incomes, stabilize the cocoa market and strengthen cooperation between the world’s two largest cocoa-producing countries.
According to the Joint Declaration issued by President Alassane Ouattara of Côte d’Ivoire and President John Dramani Mahama at the Côte d’Ivoire-Ghana High-Level Summit on the Future of the Cocoa Economy held in Abidjan on Tuesday, June 16, 2026, the two leaders acknowledged that their countries account for about 60 per cent of global cocoa production and therefore have a shared responsibility to shape the future of the sector and improve the welfare of cocoa farmers.
Under the agreement, the two countries pledged to harmonise farm-gate price policies to optimise producer remuneration, reduce market distortions and deepen commercial cooperation.
According to local media reports, the initiative will involve greater market synergy, alignment of premiums, and harmonisation of crop-season calendars between the two countries.
The reports added that the move is expected to reduce unhealthy competition across borders and strengthen the bargaining position of the two countries in the global cocoa market.
GIK/APA