International Coffee Agreement Definition

However, in the context of the Cold War, these organisations supported the idea of quotas to support the price of coffee in order to avoid a deterioration in poverty conditions that could open the door to communist influence in developing countries[2] The current 2007 agreement has 42 exporting members and 7 importers (the European Union represents all its member states as a member). [3] The original international coffee agreement set quotas that limited world coffee exports to major consumer countries to a total of 45.6 million bags per year, with Brazil benefiting from a large number of quotas (18 million bags). .