الخميس، 1 ديسمبر 2016
Brexit treats
Image copyright Thinkstock If you like chocolate, Brexit and future trade negotiations should matter to you.
This is because Ivory Coast is the world"s largest producer of cocoa beans – and it currently does most of its business with the European Union, where the beans are processed to make chocolate and cocoa powder.
The UK is a nation of chocolate lovers.
At the moment it imports the bulk of its chocolate products from the EU, and relatively little from Ivory Coast directly.
Many cocoa bean exporters in Ivory Coast are worried about the impact of Brexit, as prices are set in pound sterling, which has fallen sharply since the vote to leave the EU, so the value of Ivory Coast"s cocoa sales has dropped.
But trade experts think the UK"s exit from Europe may in the long run be an opportunity for the West African nation to restructure and improve its trade deals.
Fourth-largest consumer of chocolateIf the UK imposes tariffs on EU imports, this could mean the price of choco..
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