Agreement Of Coffee
The International Coffee Organization was established in 1963 to manage the terms of the agreement and monitor the established mechanisms. Until 1986, the Coffee Council, the decision-making body of the ICO, approved export quotas. [1] The International Coffee Convention is a United Nations convention establishing the International Coffee Organization. Originally launched in 1963 (and renewed or renegotiated several times since), this agreement was intended to help stabilize coffee prices. It was created in response to a crash in the coffee market in the late 1950s, which lasted until the early 1960s [1]. Since the original agreement, five subsequent agreements have been ratified in 1968, 1976, 1983, 1994 and 2001. The EU is a member of the International Coffee Organization (ICO) as an international institution, with 31 importing and 45 exporting countries. The 2007 International Coffee Agreement signed by the 77 members of the OIC aims to promote and promote the sustainable development of the global coffee sector through the following measures: the current 2007 agreement has 42 exporting members and 7 importers (the European Union represents all its member States as a member). [3] The precursor to the ICA was the Inter-American Coffee Agreement (IACA), founded during World War II. The war had created the conditions for an agreement on Latin American coffee: European markets were closed, the price of coffee fell, and the United States feared that the fall in prices would push Latin American countries – especially Brazil – to Nazism or communist sympathy. [4] [5] In this context, the agreement stipulates that its signatories must strive to limit tariff and regulatory barriers to coffee consumption, such as preferential duties, quotas, public monopolies and subsidies.
They must also take due account of the sustainable management of coffee resources, in line with the sustainable development principles and goals of Agenda 21 (a United Nations plan of action for sustainable development adopted at the 1992 World Summit, replaced by the 2030 Agenda at the Sustainable Development Summit) and the improvement of the living standards and working conditions of coffee workers. . . .
