International Coffee Organization
International Coffee Organization
| |
---|---|
Headquarters | London, WC1 United Kingdom |
Official languages | |
Type | Trade bloc |
Members | Exporting
|
Leaders | |
• Executive Director | José Sette |
Establishment | 1963 |
Currency | Indexed as USD-per-lb |
Website www |
The International Coffee Organization (ICO) was set up in 1963 in London, under the auspices of the United Nations (UN) because of the great economic importance of coffee. It administers the International Coffee Agreement (ICA), an important instrument for development cooperation.
It was a result of the five-year International Coffee Agreement signed in 1962 at the UN in New York City and renegotiated in 1968, 1976, 1983, 1994 and 2007 at the ICO in London.[1]
The International Coffee Council is the highest authority of the Organization and is composed of representatives of each Member Government. It meets in March and September to discuss coffee matters, approve strategic documents and consider the recommendations of advisory bodies and committees.
The ICO's headquarters is located at 222 Gray's Inn Road in London and its current Executive Director is the Brazilian José Sette.[citation needed]
After the withdrawal of the U.S. from the International Coffee Agreement in June 2018,[2] ICO Member Governments represent 98% of world coffee production and 67% of world consumption.[3][4]
Membership
As June 2018, its membership comprises 44 producing members and 6 importing members.[4]
- Exporting Member Countries
- Angola
- Bolivia
- Brazil
- Burundi
- Cameroon
- Central African Republic
- Colombia
- Costa Rica
- Côte d'Ivoire
- Cuba
- Democratic Republic of the Congo
- Ecuador
- El Salvador
- Ethiopia
- Gabon
- Ghana
- Guatemala
- Honduras
- India
- Indonesia
- Kenya
- Liberia
- Madagascar
- Malawi
- Mexico
- Nepal
- Nicaragua
- Panama
- Papua New Guinea
- Paraguay
- Peru
- Philippines
- Rwanda
- Sierra Leone
- Tanzania
- Thailand
- Timor-Leste
- Togo
- Uganda
- Venezuela
- Vietnam
- Yemen
- Zambia
- Zimbabwe
- Importing Member Countries
See also
References
- ^ "History". International Coffee Organization. Retrieved 28 September 2015.
- ^ "Press Release" (PDF). International Coffee Organization. 3 April 2018.
{{cite web}}
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(help) - ^ Gallo, Kathy (22 August 2018). "How Important is the Coffee Industry to the World's Economy?". Retrieved 2 October 2018.
- ^ a b "Members of the International Coffee Organization". International Coffee Organization. Retrieved 31 July 2018.
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