International Coffee Agreement Enters into Force
The 2007 International Coffee Agreement, which governs international cooperation on coffee matters, will enter into force on February 2nd, 2011.
Tuesday, February 8, 2011
This is the seventh International Coffee Agreement since 1962 and will last ten years, with the possibility of an extension for another eight years.
The 2007 International Coffee Agreement regulates the relationship between ICO member countries.
The Government of Honduras has signed the 2007 International Coffee Agreement, which regulates relations between the member countries of the World Trade Organization.
The price indicator of the ICO composite fell by 1.4% in April, despite a brief recovery having been observed at mid-month, and recorded the lowest monthly average in three years.
In December 2014 coffee prices continued to fall, and the monthly average indicative price calculated by the International Coffee Organization was the lowest since February.
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