Food Industry
Industry: Email Alert RSS FeedU.S. blamed for ICA demise. (International Coffee Agreement)
Tea & Coffee Trade Journal, January, 1990 by Heuman, John
U.S. blamed for ICA demise
Not surprisingly, the U.S. is blamed as the guilty party for the suspension of the economic provisions of the International Coffee Agreement when that Agreement was extended for two years without these provisions. It seems that Uncle Sam gets blamed too often when things go wrong, probably because it is easy to take pot shots at the "Big One." But I think it's time that the record is set straight, and the real culprits are identified. Let's look at some background and see what caused the suspension of economic provisions of the Coffee Agreement.
The Agreement began in 1962 at the United Nations with the strong support, at that time, of the Kennedy administration and the support of the U.S. coffee industry. The Agreement was...
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