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March 2012 C&CI • ICCO Report • 47


Market shares* for ICCA’s entry into force Exporters


Côte d’Ivoire Ghana


Indonesia Nigeria


Cameroon Ecuador Togo


Due to take place in November, the World Cocoa Conference will examine a range of issues affecting producers


more robust instrument that will enable the ICCO to beef up its work in many areas, in particular the advancement of the cause of sustainable cocoa development.


Awaiting legal backing


The new 2010 ICCA will enter fully into force immediately it receives the required legal backing of governments representing at least five exporting countries accounting for at least 80 per cent of the total exports and of importing countries accounting for at least 60 per cent of total imports. As of February 1, the four exporters that had by then signed were Côte d’Ivoire, Ghana, Indonesia and Togo and the three importers were the EU, Switzerland and insignificant Costa Rica, with its share of only 0.05 per cent of world imports. Mr Anga told Coffee & Cocoa International that he was "hopeful" that the new agreement would come into force out- right, but if the crucial 80 and 60 per cent figures were not reached then those coun- tries that had completed membership pro- cedures could decide to put the treaty into force provisionally among themselves. "If the requirements for entry into force … have not been met by 1 September 2011," according to the text of the ICCA, "the Secretary-General of the United Nations Conference on Trade and Development shall, at the earliest time practicable, convene a meeting of those Governments which have deposited instruments of ratification, accept- ance, approval or accession, or have notified the Depositary that they will apply this Agreement provisionally. These governments may decide whether to put this Agreement into force definitively or provisionally among themselves, in whole or in part, on such date as they may determine or to adopt any other arrangement as they may deem necessary."


Papua New Guinea Dominican Republic Guinea Peru


Brazil Venezuela


Sierra Leone 16 others TOTAL


%age share 38.75 20.98 16.36 6.70 5.29 3.46 2.71 1.55 1.13 0.55 0.40 0.37 0.30 0.30 1.15


100.00 USA


Malaysia Russia Canada Japan


Singapore China


Switzerland Turkey


Ukraine Australia Argentina Thailand


Rest of world TOTAL


* Calculated on basis of average exports or imports 2005/06-2007/08 Source: ICCO.


NOTE: Countries that have signed the new ICCA. Exporters: Côte d’Ivoire September 20 2011, Togo 19 September 2011, Indonesia September 12 2011, Ghana August 19 2011. Importers: July 6 2011, EU CCCC, Switzerland December 22 2010.


Given the fairly realistic assumption that the new ICCA will come into force on schedule, work is already under way to pre- pare for this event.


Preparatory work


already under way An action plan for the ICCO for the first five years under the new treaty – at the end of which its operations will be reviewed – is already being drafted. The ICCO, moreover, is also proceeding with the organization of a high-level World Cocoa Conference, in Abidjan, Côte d’Ivoire’s commercial capital, November 19-23 this year.


The aim of the conference is to bring together representatives of all stakeholders in the global cocoa economy, including chief executives and senior officials from the world’s major cocoa and chocolate compa- nies, to discuss the most important issues facing it in the coming 10 years. Presentations will be made by experts in the areas of cocoa production, processing, trade, banking, insurance, shipping and other aspects of the world supply chain. Topical issues, such as sustainable supply and demand, quality and safety, remunera- tive prices, certification, child labour, price


volatility and speculation, will all be covered. "Too much is politically at stake to allow the cocoa organization to founder," said a close observer of ICCO developments, "but there is one niggling worry."


Will Côte d’Ivoire ratify?


The worry is that Côte d’Ivoire will not ratify its signature of the new ICCA until it has been assured that the ICCO will go ahead with the transfer of the agency’s head- quarters from London to Abidjan, as agreed in 2001 and then put on hold because of unrest in the country. The aim was to settle this once and for all at the agency’s March 26-30 meeting in Guayaquil, Ecuador.


Also at this session, work was scheduled to begin on weeding out applicants for the post of the ICCO’s next permanent execu- tive director from October 1. Applications from candidates, who must be sponsored by their government, had to be in by January 27 this year. A selection committee comprising two representatives each from exporting and importing countries, together with the spokesmen for both groups, will draw up a shortlist of five names for consid- eration by the ICCO’s governing council at its September session. ■ C&CI


Importers EU


%age share 53.24 14.60 6.49 3.64 2.92 2.35 2.11 1.71 1.66 1.66 1.52 1.08 0.76 0.59 5.67


100.00


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