LACRA Seeks Exclusive Right to Export Cash Crops - News Summed Up

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LACRA Seeks Exclusive Right to Export Cash Crops


The LACRA Act of 2016 was sponsored by Bong County District #5 Representative Edward Karfiah. Accordingly, LACRA shall also, among other things, license exporters and serve as advisory and dispute resolution body. Meanwhile, the 2014 Act of LACRA does not give LACRA the right to export or resume the responsibility of the defunct LPMC. So, as it stands currently, LACRA does not have the power to market and or export cocoa or coffee as it was done by LMPC, which had the power to market and export cocoa beans and other cash crops from Liberia to generate cash. “No company in Liberia will have the power or right to export cocoa except LACRA.


Source: Daily Observer January 29, 2020 02:37 UTC



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