Liberia’s President, Joseph Boakai, has issued Executive Order No. 151, placing an immediate restriction on the exportation of unprocessed rubber. The move is part of a broader strategy to strengthen the country’s rubber sector and stimulate domestic value addition.

The new policy aims to shift Liberia from being a raw rubber exporter to a producer of processed rubber goods. Authorities believe this will enhance local manufacturing, create jobs, and increase export revenues through higher-value products.

By retaining and processing more rubber locally, the government hopes to diversify the economy and promote inclusive growth. Stakeholders across agriculture and manufacturing are expected to play key roles in this transition.

This landmark decision marks a significant step toward economic transformation, with long-term benefits for Liberia’s workforce and global trade footprint.