AreaBilateral/Multilateral
Commodity GroupOilseeds, oils and meals
CommodityOlive oil
Date01/01/2017
Policy CategoryTrade
Policy InstrumentTrade facilitation
DescriptionThe 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.
NotesOn January 1, the International Olive Councils (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 IOCs work by making participation shares more appealing. Bringing together olive oil and table olive producing and consuming stakeholders, IOCs 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 industrys challenges.