PORT MORESBY (Papua New Guinea Post-Courier/PINA) — The Papua New Guinea Growers Association claims that the Copra Marketing Board has entered into a questionable sales contract with an overseas copra buyer.
In a full page advertisement in the Post-Courier, the association said the board had signed to supply 25 per cent of the country’s copra production to an overseas firm.
The growers claimed the board had again dealt a major economic blow to copra producers, saying the board did not have the capacity to meet the contractual commitment.
The growers association said the contract called for copra to be supplied from Wewak, Madang, West New Britain, New Ireland and Bougainville, which traditionally supplied the copra processing mills in Rabaul and Madang.
