The President of the Vanuatu Liberal Movement and same time Minister of Finance, Gaetan Pikioune, has revealed that a Chinese businessman is selling powder kava in China for Vt36,000 per kilo.
He made the revelation during the official opening of his Party Congress at his nakamal in Luganville, Santo.
Minister Pikioune told congress delegates that during his recent official visit to China, he took one kilo of a powder kava with him to share with his hosts.
He was told that a Chinese businessman is selling Vanuatu dried kava in Beijing. He said they asked the Chinese man to buy a kilo packet of powder kava only to be told that the price for a kilo of the powder kava from Vanuatu is Vt36,000 per packet.
Mr. Pikioune told delegates at the party congress that such issues must be addressed because this is unfair to Vanuatu kava famers as well as exporters and the country as a whole.
“The price of our green gold has soared in China, leaving farmers in Vanuatu to dwell on lower market prices, and losing out,” said Minister Pikioune.