| | Mozambique has banned the export of unprocessed cashew nuts, ending a five-year battle with the World Bank and International Monetary Fund. Meanwhile, the IMF has allowed Mozambique to protect its expanding sugar industry; IMF directors overrode opposition from their own staff. Allowing Mozambique to protect its two most important agro-industries is a remarkable reversal by the international financial institutions. It results from intense pressure from the Mozambican government, trade unions and business, taken up by international campaign groups. |
