• Short Summary

    The 13-nation Coffee Producers Coordinating Committee, meeting in Geneva, agreed unanimously on a proposal that the initial world coffee quota for the year 1972-73 would be fixed at 49 million 60-kilo (132-pound) bags.

  • Description

    GENEVA, SWITZERLAND (AUGUST 11, 1972) (REUTERS)

    CU Hotel sign
    GV INT Delegates seated at table
    SCU Chairman and secretary seated
    SV PAN Delegates from Uganda, Ethiopia, Costa Rica, Peru, Guatemala, El Salvador, and others
    SV Delegates from Portugal and Zaire
    SV PAN Ivory Coast and Brazilian delegates (2 shots)
    SV PAN Around table of delegates

    Initials BB/2230 JL/MR/BB/2245
    Script is copyright Reuters Limited. All rights reserved.
    Background: The 13-nation Coffee Producers Coordinating Committee, meeting in Geneva, agreed unanimously on a proposal that the initial world coffee quota for the year 1972-73 would be fixed at 49 million 60-kilo (132-pound) bags.
    The agreement came on the final day of a week-long conference. Delegates declined to disclose details of the proposal and no statement was issued after the talks ended in the early hours of Saturday morning (12 August), following a 12-hour session.
    The producers, who control about ???0 per sent of the world's coffee supplies, will present their proposal to the consumer members of the International Coffee Council at its annual meeting in London on 18 August. At that time, quota and price arrangements for the new coffee year-- beginning 1 October--will be negotiated. 1972-1973 is the final year of the International Coffee Agreement (ICA), which expires on 30 September 1973.
    The consumers have reacted strongly over the past month to the Coordinating Committee's withholding of coffee released by the ICA quota adjustment system and have threatened counter-measures unless the producers drop the so-called "Geneva Document", which sets out producer plans on controlling supplies to the market.
    The members of the Coordinating Committee are: Brazil, Colombia, Portugal, Ivory Coast, Mexico, Guatemala, Zaire, El Salvador, Costa Rica, Peru, Ethiopia, Madagascar, and Uganda.

  • Tags

  • Data

    Film ID:
    VLVAAT03IRQB1J4RY5L8HYOT60A8O
    Media URN:
    VLVAAT03IRQB1J4RY5L8HYOT60A8O
    Group:
    Reuters - Including Visnews
    Archive:
    Reuters
    Issue Date:
    12/08/1972
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Colour
    Duration:
    00:01:06:00
    Time in/Out:
    /
    Canister:
    N/A

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