Intergovernmental Councilor Copper Exporting Countries

Intergovernmental Councilor Copper Exporting Countries in relation with International Trade

In the context of trade organizations, Christopher Mark (1993) provided the following definition of Intergovernmental Councilor Copper Exporting Countries: An international commodity organization (Sec. I) established in 1968 to coordinate members' production and marketing decisions. Member countries include Chile, Peru, Zambia, and Zaire; Papua New Guinea is an associate member. Efforts by the group to increase prices by withholding supply were unsuccessful, as were attempts in 1979 to establish a commodity agreement (Sec. I) with consuming countries.