International Grains Agreement

International Grains Agreement in Global Commerce Policy

In this regard, international grains agreement is: IGA. The successor to the International Wheat Agreement. The entries on trade policy are here. It entered into force on 1 July 1995 for three years, with provision for renewal every two years. The IGA consists of two instruments: the Grains Trade Convention and the Food Aid Convention. The former aims to promote international cooperation in the wheat and coarse grains trade, mainly through improving market transparency. The latter provides annually specified minimum amounts of food aid to developing countries in the form of grains suitable for human consumption, much of it through the World Food Programme. The IGA is administered by the International Grains Council located in London. See also Food and Agricultural Organization and food security.[1]

International Grains Agreementin the wold Encyclopedia

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

Resources

Notes and References

1. Dictionary of Trade Policy, “International Grains Agreement” entry (OAS)

See Also