Dispatches
Tuesday, July 22, 2008
US$300 Million Gone
MAKASSAR—A decline in cocoa production due to the plant disease vascular streak dieback (VSD) caused Indonesia to lose US$300 million in foreign exchange.
“At least 40 percent of cocoa plants were hit by VSD,” said the Chairman of the Indonesia Cocoa Association (Askindo), Halim Razak at a meeting of the Cocoa Association of Asia (CAA) at the Imperial Aryaduta Hotel, Makassar, last week.
He explained that in 2006 Indo
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