Markets and trade
 

Detail

Area
Bilateral/Multilateral
Commodity Group
Oilseeds, oils and meals
Commodity
Olive oil
Date
01/01/2017
Policy Category
Trade
Policy Instrument
Trade facilitation
Description
The International Olive Council (IOC) launched the sixth international agreement on olive oil and table olives, which pays particular attention to the involvement of importing countries in the Council\'’s work.
Notes
On January 1, the International Olive Council’s (IOC) new international agreement on olive oil and table olives took effect. It is the sixth such agreement since the organization was set up in 1959. Compared to the previous versions, the new agreement aims to boost the involvement of importing countries in IOC’s work by making participation shares more appealing. Bringing together olive oil and table olive producing and consuming stakeholders, IOC’s mission is to contribute to the sustainable and responsible development of olive growing and to serve as a world forum for discussing policy issues and tackling the industry’s challenges.