Association of Coffee Producing Countries

Association of Coffee Producing Countries

Association of Coffee Producing Countries (ACPC) or Asociacion Mundial de Paises Productores de Cafe (AMPC) in relation with International Trade

In the context of trade organizations, Christopher Mark (1993) provided the following definition of Association of Coffee Producing Countries (ACPC) or Asociacion Mundial de Paises Productores de Cafe (AMPC): A prospective international commodity organization (Sec. I). Following collapse of the export quota system of the International Coffee Organization and faltering efforts to negotiate a new International Coffee Agreement with consuming countries, the major coffee producing countries in Latin America, Africa, and Asia –representing about 80 percent of world production –agreed in September 1993 to form the ACPC, a producer cartel that would withhold 20 percent of production from the world market in order to buoy prices.


Posted

in

, ,

by

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *