:. Food Industry News


Ivory Coast Doubles Cocoa, Coffee Export Tax

Source: Reuters
11/08/2008

Abidjan, Aug 11 - Ivory Coast has doubled its port registration tax on cocoa and coffee exports to 10 percent of the cost, insurance and freight (CIF) price to help cope with rising fuel prices, a presidency statement said at the weekend.

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The government partially reversed a rise in pump prices in July after a strike by transporters over fuel prices caused widespread disruption. The port registration tax is one of a range of levies imposed on cocoa and coffee exports.



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