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Russia signed the International Agreement on Cocoa - Ministry of Economic Development

At the UN headquarters, the International Agreement on Cocoa was signed by the authorized representative of the Russian government, the director of the department of international organizations of the Ministry of Economic Development Vladimir Tkachenko.

“The document provides for support for cocoa producers, a set of necessary measures to increase their income. Its implementation will ensure the supply of higher quality cocoa that meets ethical and environmental standards, ”the press service of the Ministry of Economic Development said.

Russia is a major cocoa consumer - in 2013, the production of chocolate products increased by 12%. Imports of cocoa beans and its products in 2013 amounted to 188 thousand tons. In the 1 semester of 2014, the volume of purchases of cocoa beans over the same period of 2013 increased by 9,2% with an increase in their price by 21,0%. At the same time, it should be noted that in the 1 semester of the 2014 year, compared to the same period of the 2013, cocoa paste imports decreased by 12,9%, cocoa butter by 7,6%, but cocoa powder imports increased by 16,7%.

The document entered into force in October 2012 of the year and is the seventh in the entire history of the International Cocoa Organization, replacing the International Cocoa Agreement 2001 of the year.

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