International Coffee Agreement (ICA) 2007 – came into force 02
The 2007 agreementis designed to enhance the ICO’s role as a forum
for intergovernmental consultations, increase its contributions to meaningful
market information and market transparency, and to ensure that the organization
plays a unique role in developing capacity building in the coffee sector,
including facilitating the availability of information on financial tools and
services that can assist coffee producers. The Agreement also recognizes the
contribution of a sustainable coffee sector to the achievement of
internationally agreed development goals, including the Millennium Development
Goals (MDG’s), particularly with respect to poverty eradication.
The organizational structure of the ICO has been changed with the
elimination of the Executive Board, and the creation of a number of new bodies
to assist the Council in its work: the Consultative Forum on Coffee Sector
Finance, the Projects Committee, the Promotion and Market Development
Committee, and the Finance and Administration Committee. The Council, which
comprises all ICO members, remains the highest authority.
The full text of the 2007 Agreement can be downloaded from www.ico.org.
* Due to delays in the ratification procedure the 2001
Agreement was extended for a total of four years