TRINIDAD and Tobago cannot continue with its low volumes of cocoa production but it must be ramped up, says chairman of the Cocoa Development Company Winston Rudder.
He was speaking as officials of the company met with the Public Administration (Enterprises) Committee at the Parliament building Wednesday.
Rudder said the impetus for the company is the critical role cocoa can and does play as a strategic commodity and can be beneficial to agricultural development, economic diversification, foreign exchange and improve livelihoods.
He said the world cocoa production is between 4.5 million to 4.9 million metric tonnes and five per cent of the market was high quality, fine or flavoured cocoa. He pointed out TT is one of 10 countries in the world recognised by the International Cocoa Organisation for having 100 per cent high quality cocoa.