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Ivory Coast Cocoa Workers Union Ends Strike

Source: Reuters
22/10/2009

Abidjan, Oct 22 - A union of cocoa cooperatives in Ivory Coast ended a three-day strike on Wednesday, saying it expects the goverment to address its concerns over support for the industry.

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"We suspended the strike," said Jerome Ebah, a spokesman for the strikers. "We put our problems to the National Council of Elders and representatives of the FDPCC. They promised solutions," he said.

Farmers in the No. 1 cocoa supplier have long complained that they are not getting high enough prices for their products.

The union, which represents a third of the West Africa country's 2,000 cooperatives, had gone on strike from Monday seeking increased government aid.

It had sought to block all cocoa deliveries to ports but exporters said arrivals had not been affected.

Ebah told Reuters cocoa deliveries will be back to normal within 48 hours.

Markets are acutely sensitive to signs of disruption to supply in Ivory Coast, where harvests are in a long-term decline that analysts say can only be arrested by serious reforms.

U.S. cocoa prices struck a 30-year high on Wednesday.



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