Alassane Ouattara, president-elect of Ivory Coast after four-plus months of wrangling with the West African nation's incumbent president who refused to accept defeat and step down, began efforts to heal fractures by exploring methods to export the country's top commodity, Bloomberg reports.
"I invite all my compatriots to refrain from acts of vengeance," Ouattara told a television audience on Thursday. "Ivorians from the north, the south, the east and the west, Ivorians of all faiths, whether you voted for me or not, I appeal to your sense of dignity and responsibility."
President Laurent Gbagbo, who was reportedly isolated in the basement of his home in Abidjan, was believed to be close to confiscating stockpiled cocoa that Ouattara prohibited from being shipped. Ouattara sought to force Gbagbo from office by severing the flow of revenue to his offices.
Ouattara asked the European Union to rescind sanctions on shipping cocoa, a ban put in place in an effort to force Gbagbo from office.
Shortly prior to 11:15 on Thursday morning, cocoa futures were down 1.10 percent, a $33 reduction to $2,969 per metric ton.
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