The Liberian President, in a meeting with the
According to an
She expressed concern that her proposal to create a rubber development fund was moving too slow which she suggested if created would serve as a stabilization fund for the industry in case of any future eventuality.
While government is working to address the situation, the Liberian leader suggested that rubber companies save some of their financial assets in the economy to serve as an intervention during such situations and at the same time helping the local economy.
President Sirleaf described the rubber sector as a major economic activity that should not be left alone without government's intervention in its difficult period of the rubber industry.
She believes that the fund, if created as was proposed long ago, would have served as a fallback position for addressing situations arising like the current one. She, however, challenged the sector's actors and relevant government agencies to collaborate in creating such fund.
The Liberian leader further proposed to the farmers to consider intercropping the rubber sector with other agricultural products including rice, sugar cane and/or oil palm which she said would fill in the financial gap created by the drop in rubber production.
She thanked the farmers for working together in maintaining the rubber industry as
Speaking earlier, the head of the interim management team of the
Mr. Karnwea suggested that there is a need for government's quick intervention proposing a loan of
A private rubber farmer, Mr.
He suggested that exporting companies like Firestone-
According to him, he was successful in reducing rubber theft while serving as security consultant at LAC using the same method that he said paid off very well for the benefit of both the company and the community.
As regards Firestone-
During the meeting, Firestone-
Individual farmers at the meeting included
Government's representatives at the meeting included
The meeting by the rubber farmers with President Sirleaf came shortly after she issued Executive Order No. 60 extending a moratorium on the exportation of unprocessed natural rubber.
Executive Order No. 60, signed by the Liberian leader on
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