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2008/2009

ICCO - Work programme for the 2008/2009 cocoa year - September 2008 | 25/09/2008

Article 21 of the International Cocoa Agreement, 2001 stipulates that, at the last session of each cocoa year, and at the recommendation of the Executive Committee, the Council shall adopt a work programme for the Organization for the coming year prepared by the Executive Director. The work programme shall include projects, initiatives and activities to be undertaken by the Organization in the following cocoa year.

Document: EX/137/8/Rev.2 Work programme for the 2008/2009 cocoa year - September 2008

Pilot project on price risk management for cocoa farmers, Completion Report - 1st August 2008 | 01/08/2008

The increased volatility of farm-gate prices made it more difficult for farmers to plan production activities, to make long-term investments and to obtain credit. Furthermore, since farm income became more unpredictable and unstable, smallholder farmers faced increasing economic and financial problems.To address these issues, the World Bank launched an International Task Force (ITF) on price risk management in 1998. The scope of the ITF’s work was to assess the feasibility of using derivative contracts to mitigate the instability of prices. Cocoa was, among other agricultural commodities, identified as suitable for a test run of price risk management strategies.The project proposal was approved by the Executive Board of the Common Fund for Commodities (CFC) at its thirty-ninth meeting held in April 2005. The project officially started in Abidjan (Côte d’Ivoire) in February 2006.

Document: EX/137/16 - Pilot project on price risk management for cocoa farmers, Completion Report - 1st August 2008

Indirect taxes and custom tariffs on cocoa beans and cocoa semi-finished products - 20 August 2008 | 20/08/2008

Consuming countries might create an obstacle to the expansion of cocoa consumption by applying indirect taxes and/or custom duties to cocoa entering their markets. The present document reviews the incidence of these taxes on cocoa beans (HS 1801), cocoa liquor (HS 18031), cocoa cake (HS 18032), cocoa butter (1804) and cocoa powder (HS 1805). The rational behind this exercise is to provide the Consultative Board on the World Cocoa Economy and the International Cocoa Council with an analysis of these taxes, as a basis for future deliberations on this subject.

Document: CB/16/3/Rev.1 - Indirect taxes and custom tariffs on cocoa beans and cocoa semi-finished products - 20 August 2008

September 2008 | 21/10/2008

September 2008

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