International commodity bodies
International commodity bodies: 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,
Source: http://ctrc.sice.oas.org/trc/WTO/Documents/Dictionary%20of%20trade%20%20policy%20terms.pdf
Web site to visit: http://ctrc.sice.oas.org
Author of the text: W. Goode
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