International Commodity Bodies

International commodity bodies in Global Commerce Policy

In this regard, international commodity bodies is: ICBs. These are organizations that either administer international commodity agreements or are constituted as commodity study groups. The Common Fund for Commodities established through UNCTAD has designated 24 organizations which represent more than 30 commodities as ICBs. They are in three main groups. The first group consists of the International Cocoa Organization, International Cotton Advisory Committee, International Jute Study Group, International Lead and Zinc Study Group, International Copper Study Group, International Olive Oil Council, International Nickel Study Group, International Rubber Study Group, International Sugar Organization, International Tropical Timber Organization, International Coffee Organization and the International Grains Council. The second group consists of bodies located within the Food and Agricultural Organization: Intergovernmental Group on Bananas, Intergovernmental Group on Citrus Fruit, Intergovernmental Group on Grains, Intergovernmental Group on Hard Fibres, Intergovernmental Group on Meat, Intergovernmental Group on Oils, Oilseeds and Fats, Intergovernmental Group on Rice, Intergovernmental Group on Tea, Intergovernmental Sub-Committee on Fish Trade, Intergovernmental Sub- Group on Tropical Fruits and Intergovernmental Sub-Group on Hides and Skins. The third group is the UNCTAD Committee on Tungsten. The entries on trade policy are here. All these are eligible to sponsor projects for financial support by the Common Fund. See also separate entries for some of the agreements administered by these bodies.[1]

International commodity bodiesin the wold Encyclopedia

For an introductory overview on international trade policy, see this entry.

Resources

Notes and References

1. Dictionary of Trade Policy, “International commodity bodies” entry (OAS)

See Also