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Starbucks strikes Ethiopia deal | Starbucks strikes Ethiopia deal |
(about 5 hours later) | |
Starbucks and the Ethiopian government have reached an agreement which could help end a dispute over trademarks. | Starbucks and the Ethiopian government have reached an agreement which could help end a dispute over trademarks. |
The two sides agreed in principle to sign a licensing and marketing deal which recognises the importance of Ethiopia's speciality coffee beans. | The two sides agreed in principle to sign a licensing and marketing deal which recognises the importance of Ethiopia's speciality coffee beans. |
Cultivation of the coffee bean first began in Ethiopia, and the country has been seeking to trademark its best-known coffee beans. | Cultivation of the coffee bean first began in Ethiopia, and the country has been seeking to trademark its best-known coffee beans. |
However, US officials have argued that the plan is not economically viable. | However, US officials have argued that the plan is not economically viable. |
Ethiopia and UK charity Oxfam claimed Starbucks was attempting to block plans by the African nation to trademark its Sidamo, Harar and Yirgacheffe coffee beans. | Ethiopia and UK charity Oxfam claimed Starbucks was attempting to block plans by the African nation to trademark its Sidamo, Harar and Yirgacheffe coffee beans. |
But the coffee chain giant denied initiating opposition to the trademark application, insisting the decision to do so was taken by the US National Coffee Association (NCA). | But the coffee chain giant denied initiating opposition to the trademark application, insisting the decision to do so was taken by the US National Coffee Association (NCA). |
The NCA had warned that if Ethiopia succeeded in obtaining the trademarks, it may price its coffee beans uncompetitively high. | The NCA had warned that if Ethiopia succeeded in obtaining the trademarks, it may price its coffee beans uncompetitively high. |
'Positive change' | 'Positive change' |
Ethiopia hopes to substantially lift the income of its coffee farmers through the trademarking plan. | Ethiopia hopes to substantially lift the income of its coffee farmers through the trademarking plan. |
The eyes of Africa will be on this agreement, which could even set a precedent for further deals beyond Ethiopia in the future Oxfam class="" href="http://newsforums.bbc.co.uk/nol/thread.jspa?threadID=6273&edition=1">Have Your Say: Can Africa market its goods better? | |
The poverty stricken country is heavily reliant on coffee bean exports, and about a quarter of its 80 million people are involved in the industry. | The poverty stricken country is heavily reliant on coffee bean exports, and about a quarter of its 80 million people are involved in the industry. |
Oxfam welcomed news of the licensing agreement between Ethiopia and Starbucks, adding it could add momentum to the country's trademarking project. | Oxfam welcomed news of the licensing agreement between Ethiopia and Starbucks, adding it could add momentum to the country's trademarking project. |
"This action by Starbucks could represent a huge step towards a real positive change for the 15 million Ethiopians who depend on coffee for their livelihood," the charity said. | "This action by Starbucks could represent a huge step towards a real positive change for the 15 million Ethiopians who depend on coffee for their livelihood," the charity said. |
"The eyes of Africa will be on this agreement, which could even set a precedent for further deals beyond Ethiopia in the future." | "The eyes of Africa will be on this agreement, which could even set a precedent for further deals beyond Ethiopia in the future." |
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