National Assembly Approves Decree for the International Cocoa Agreement 2026
The National Assembly, with 91 votes in favor, approved the Decree for the International Cocoa Agreement 2026, which allows for the consolidation of Nicaragua's presence.
TL;DR
- Nicaragua's National Assembly unanimously approved the Decree for the International Cocoa Agreement 2026.
- The agreement aims to consolidate Nicaragua's presence in the ICCO decision-making bodies.
- It seeks to improve marketing conditions for fine and aroma cocoa, driving international quality and traceability standards.
- Cocoa is identified as a strategic sector for Nicaragua's economic and social development, generating jobs and strengthening exports.
- Nicaragua has significantly increased its cocoa production and cultivated areas.
- The main cocoa-producing regions are the North Caribbean Autonomous Region, South Caribbean Autonomous Region, Matagalpa, Jinotega, and Río San Juan.
- The agreement will promote environmentally friendly practices, gender equity, child protection in cocoa cultivation, fair prices for producers, and improved productive capacity.