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Cashew exporters from Ivory Coast explore cooperative opportunities with Binh Phuoc

A delegation from the Cashew Exporters Association of Ivory Coast (AEC-CI) held a working session with representatives from the Cashew Association of Binh Phuoc province on December 7 on cooperation possibilities between the two sides.
Cashew exporters from Ivory Coast explore cooperative opportunities with Binh Phuoc ảnh 1N'guettia Assouman, president of Cashew Exporters Association of Ivory Coast speaks at the working session. (Photo: VNA) 

Binh Phuoc (VNA) – A delegation from the Cashew Exporters Association of Ivory Coast(AEC-CI) held a working session with representatives from the Cashew Association of Binh Phuoc province on December 7 on cooperation possibilities between the two sides.

The southeastern province of Binh Phuoc has more than 150,000 ha of cashew, accounting for nearly 50% of the total area under the trees in the country. It also leads the country in cashew nut processing capacity. However, local raw materials supplies have met only about 30% of the province’s processing capacity while the remaining 70% is imported from Indonesia, Cambodia and Africa.

AEC-CI President N'guettia Assouman said that Ivory Coast producesabout 1.2 million tonnes of raw cashew nuts a year. Of these, 800,000 tonnesare shipped abroad.

Assouman said he wishesto cooperate with businesses of Binh Phuoc in particular and Vietnamese firms in general, adding that AEC-CI commits toprotecting buyers from Vietnam and it expects similar action from the SoutheastAsian country.

Assouman also voiced hope for trust building, limiting risks and fraud, and exchanging information withVietnamese partners more often in the coming time.

At the event, businesses and cashew exportersexpressed the desire for both sides to standardise contracts to minimisecontract disputes, improve product quality and ensure reasonable prices.

Vu Thai Son, Chairman of the provincial CashewAssociation, said in the coming time, Binh Phuoc plans to support and create favourableconditions for businesses who engage in trade cooperation with cashew-growingcountries to ensure stable supplies of imported raw materials, meeting the demandof businesses in the locality and minimising risks in terms of price andquality of inputs. 

Dubbedas the “cashew capital” of Vietnam, Binh Phuoc exported 171,000 tonnes of cashew nuts last year, down 16.75% year-on-yearand imported 750,000 tonnes, a decrease of 27.37% year-on-year./.

VNA
#Binh Phuoc #cashew #contracts #raw materials #quality #Vietnam Plus #Vietnam News Agency #exporter #Ivory Coast Binh Phuoc
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