International Coffee Organization

International Coffee
Logo
World map indicating the member states of the International Coffee Organization.
  ICO exporting members
  ICO importing members
Headquarters London, WC1
United Kingdom
Official languages
Type Trade bloc
Members
Leaders
• Executive Director
Brazil José Sette
Establishment 1963 (1963)
Currency Indexed as USD-per-lb

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.

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
Importing Member Countries

See also

Coffee portal

References

  1. ↑ "History". International Coffee Organization. Retrieved 28 September 2015.
  2. ↑ "Press Release" (PDF). International Coffee Organization. 3 April 2018.
  3. ↑ Gallo, Kathy (22 August 2018). "How Important is the Coffee Industry to the World's Economy?". Retrieved 2 October 2018.
  4. 1 2 "Members of the International Coffee Organization". International Coffee Organization. Retrieved 31 July 2018.
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