Liberia Accedes To International Cocoa Agreement
MONROVIA, Jan 21 (LINA) -Liberia has acceded to the International Cocoa Agreement which came into effect on October 1, 2010.
According to a press statement from Liberia’s Permanent Mission at the United Nations in New York, Liberia’s Foreign Minister Augustine Kpehe Ngafuan declared that the Liberian Government was pleased to deposit its instrument of acceptance, having considered the provisions of the Agreement.
He said as a cocoa exporting country, Liberia will faithfully perform and carry out the provisions of the agreement, according to the statement.
Liberia‘s Permanent Representative at the U.N, Ambassador Marjon Kamara said in accordance with its constitutional procedures or national laws and regulations, Liberia will apply the agreement provisionally pending its ratification by the National Legislature.
The International Cocoa Agreement seeks to promote international cooperation in the world cocoa economy, as well as encourage consumption of chocolate and cocoa-based products in order to increase demand for cocoa.
So far, only 12 countries, including Liberia and countries of the European Union have acceded to the Agreement.
Meanwhile, the Chief of the UN Treaty Section, Mr. Santiago Villalpando has commended Liberia for acceding to the Treaty and urged other Member States of the UN to follow the example in the light of what he described as significant boost to the global cocoa market and industry.