Icafé Presses Assembly for Approval of ICO Agreement
The 2007 International Coffee Agreement regulates the relationship between ICO member countries.
Monday, July 20, 2009
The Costa Rican Coffe Insitute, known in Spanish as Icafé, requested the Legislative Assembly to approve as soon as possible the International Coffee Agreement 2007, from the International Coffee Organization. September 2009 is the deadline for Costa Rican approval of the document.
The 2007 International Coffee Agreement, which governs international cooperation on coffee matters, will enter into force on February 2nd, 2011.
The Government of Honduras has signed the 2007 International Coffee Agreement, which regulates relations between the member countries of the World Trade Organization.
The Costa Rican Chamber of Food Industry believes that the trade agreement could pose a threat to Costa Rican production.
Honduras and Nicaragua will be the first countries to export to the European market under the preferential tariff agreed between the two regions.
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