President John Dramani Mahama has withdrawn the policy banning the export of raw cashew and rather outlined other measures to boost the emerging industry.
At a meeting with representatives of cashew farmers in the Brong Ahafo Region at the Flagstaff House yesterday, the President also said the government would also establish a Cashew Marketing Board to regulate the cashew industry. The Ministry of Trade and Industry, which introduced the controversial policy, explained that it was part of measures to boost the local processing of cashew and subsequently create jobs for the people.
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A press statement issued by the sector minister, Mr Ekwow Spio-Garbrah announcing the withdrawal, said in part the withdrawal was to allow for consultations with stakeholders to ensure that the cashew industry becomes competitive in a broad-based manner that would lead to job creation and the general well-being of all stakeholders.