Commission On International Commodity Trade

Summary of Commission On International Commodity Trade

An agency of the United Nations established in 1954 to monitor activities of primary commodities markets. The basic function of the commission is to compile statistics on commodities trading, observe the impact of the markets upon developing countries, and make reports and recommendations to the General Assembly of the U.N.

(Main Author: William J. Miller)

Commission on International Commodity Trade in relation with International Trade

In the context of trade organizations, Christopher Mark (1993) provided the following definition of Commission on International Commodity Trade: A UN specialized agency established in 1954 to monitor activities in primary commodity markets.