Benin Government Bans the export of RCN by Road

After the price of cashew – 500 F/kg was fixed, during the cashew marketing campaign, – President Patrice Talon and his government has adopted new measures in the marketing of cashew nuts. At a press briefing on Wednesday, April 6, 2017, the Minister of State, Secretary General of the Presidency of the Republic, Pascal Irénée Koupaki said ‘the government has banned the export of raw cashew nut by land’.

In addition to this measure, a levy of 50 FCFA /kg will be charged on raw cashew nuts exported irrespective of the 10FCFA introduced by the Finance Law, Management 2017.

The Minister of State and Secretary General of the Presidency of the Republic, Pascal Irénée Koupaki, informed that this levy is deducted at the customs before any export is done.

ACA will hold talks with the Benin government, to review impact on its members, especially after Cote d’Ivoire reforms its policy on RCN exports by road. The upcoming ACA conference in Benin (September 18 – 22) will be a perfect platform for deliberations on such regulations.

Source:http://www.africancashewalliance.com