International Coffee Agreement Indonesia

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] The current 2007 agreement comprises 42 exporting and 7 importing members (the European Union represents all of its member states as a member). [3] The International Coffee Agreement (ICA) is an international agreement on raw materials between coffee-producing and consuming countries. It was first signed in 1962 and aims to maintain the quotas of exporting countries and to keep coffee prices high and stable on the market[1] and to use mainly export quotas to control prices. [2] The International Coffee Organisation, the supervisory body of the agreement, represents all the main coffee-producing and most consuming countries. . . .

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