International Cocoa Agreement, 1986*

• Coming into Force: 20 January 1987
• Party Submitting the Application for Registration: ex officio
• Date of Conclusion: 25 July 1986
• Registration Date: 20 January 1987
• Citation: UNTS v. 1446 (p.103)
• Registration Number: 24604
• Subject Terms: Commodities,Agricultural commodities
• Type of Document: Multilateral
• Depositary: Secretary-General of the United Nations
• Participants: Bélgica,Brasil,Bulgaria,Camerún,Côte d'Ivoire,Czechoslovakia,Dinamarca,Ecuador,European Economic Community,Federal Republic of Germany,Finlandia,France,Gabon,German Democratic Republic,Germany,Ghana,Greece,Grenada,Guatemala,Haiti,Hungria,Ireland,Italia,Jamaica,Japón,Luxembourg,México,Holanda,Nigeria,None,Noruega,Papua New Guinea,Portugal,Samoa,Sierra Leone,España,Suecia,Suiza,Togo,Trinidad and Tobago,Union of Soviet Socialist Republics,United Kingdom of Great Britain and Northern Ireland,Venezuela,Yugoslavia (Socialist Federal Republic of)

No.

24604

MULTILATERAL

International

Cocoa

Agreement,

1986

(with

annexes).

Con

cluded

at

Geneva

on

25

July

1986

Authentic

texts:

English,

French,

Russian,

Spanish

and

Arabic.

Registered

ex

officio

on

20

January

1987.

MULTILATERAL

Accord

international

de

1986

sur

le cacao

(avec

annexes).

Conclu

à

Genève

le

25

juillet

1986

Textes

authentiques

:

anglais,

français,

russe,

espagnol

et

arabe.

Enregistré

d'office

le

20 janvier

1987.

Vol.

1446,

1-24604

104

United

Nations

—

Treaty

Series

•

Nations

Unies

—

Recueil

des

Traités

1987

INTERNATIONAL

COCOA

AGREEMENT,

1

1986

CHAPTER

I.

OBJECTIVES

Article

1.

OBJECTIVES

The

objectives

of

the

International

Cocoa

Agreement,

1986

(hereinafter

referred

to

as

this

Agreement), taking

into

account

relevant

provisions

of

resolutions

93

(IV)

2

and

124

(V)

3

on

the

Integrated

Programme

for

Commodities

adopted

by

the

United

Nations

Conference

on

Trade

and

Development, are:

(a)

To

promote

the

development

and

strengthening

of

international

co-operation

in

all

sectors

of

the

world cocoa

economy;

(b)

To

contribute

towards

stabilization

of

the

world

cocoa

market

in

the

interest

of

all

members,

by

seeking,

in

particular:

(i)

To

prevent

excessive

fluctuations

in

the

price

of

cocoa

which

adversely

affect the

prospects

for

accelerated

economic

growth

and

social

development

in

producing

member

countries

and

the

long

term

interest

of

both

producers

and

consumers;

1

Came

into

force

provisionally on 20

January

1987,

.the

date

agreed

upon

at

a

meeting

convened

at

London

on

19

January

1987

by

the

Secretary-General

attended

by

the

Governments

and

Organization

which

had

deposited

an

instrument

of

ratifi

cation,

acceptance,

approval

or

accession

or

a

notification

of

provisional

application,

in

accordance

with

article

70

(3):

Date

of

deposit

of

the

instrument

of

ratification,

acceptance

(A),

approval

(AA,)

or

accession

fa),

or

of

the

notification

of

pro-

State

or

Organization

visional

application

(n)

Belgium............................................................

16

January

1987

n

Brazil..............................................................

3

.September

1986

n

Cameroon

..........................................................

15

September

1986

n

C te

d'Ivoire

.......................................................

22

September

1986

n

Denmark

......................................................

..

16

January

1987

n

Ecuador............................................................

27

October

1986 n

European

Economic

Community

.......................................

16

January

1987 n

Finland

............................................................

29

September

1986

n

VtiinKe

.............................................................

13

November

1986

n

German

Democratic

Republic

.........................................

18

December

1986

AA

Germany,

Federal

Republic

of.

......................................

30

September

1986

n

Ghana

.............................................................

2

September

1986

n

Grenada....................................._....................

3

October

1986 n

Hungary

...........................................................

30

December

1986

a

Ireland......................................

,,,. ........

.............

1.6.

January

1987

n

Luxembourg

........................................................

16

January

1987

n

Mexico

............................................................

3

October

1986

n

Netherlands.........................................................

16

January

1987 n

(For

the

Kingdom

in

Europe)

Nigeria

............................................................

24

September

1986 n

Norway

............................................................

6

January

1987

Portugal............................................................

16

January

1987 n

Spain

..............................................................

16

January

1987 n

Sweden

..............................................................

29

September

1986

n

Switzerland.........................................................

30

September

1986n

Togo

..............................................................

8

January

1987

n

Union

of

Soviet

Socialist

Republics

....................................

19

December

1986

A

(Confirming

the

declaration

made

upon

signature.)

United

Kingdom

of

Great

Britain

and

Northern

Ireland

....................

16

January

1987

n

(In

respect

of

Great

Britain

and

Northern

Ireland,

the

Bailiwick

of

Guernsey,

the

Bailiwick

of

Jersey

and

the

Isle

of

Man.)

2

United

Nations,

Proceedings

of

the

United

Nations

Conference

on

Trade

and

Development,

Fourth

Session,

Nairobi,

vol.

1,

Report

and

Annexes,

p.

6.

3

Ibid.,

Fifth

Session,

Manila,

vol.

1,

Report

and

Annexes,

p.

9.

Vol.

1446,

1-24604

1987

United

Nations

Treaty

Series

Nations

Unies

Recueil

des

Trait s

105

(ii)

To

alleviate

serious

economic

difficulties

which

would

persist

if

adjustment

between

the

production

and

consumption

of

cocoa

cannot

be

effected

by

normal

market

forces

alone

as

rapidly

as

circumstances

require;

(iii)

To

assure

adequate

supplies

at

reasonable

prices,

equitable

to

producers

and

consumers;

(iv)

To

facilitate

expansion

of

consumption

and,

if

necessary,

and

in

so

far

as

possible,

an

adjustment

of

production,

so

as

to

secure

an

equilibrium

in

the

long

term

between

supply

and

demand;

(c)

To

facilitate

the

expansion

of

international

trade

in

cocoa;

(d)

To

provide

an

appropriate

forum

for

the

discussion

of

all

matters

relating

to

the

world

cocoa

enonomy.

CHAPTER

II.

DEFINITIONS

Article

2.

DEFINITIONS

For

the

purposes

of

this

Agreement:

1.

Cocoa means

cocoa

beans

and

cocoa

products;

2.

Cocoa

products

means

products made

exclusively

from

cocoa

beans,

such

as

cocoa

paste/liquor,

cocoa

butter,

unsweetened

cocoa

powder,

cocoa

cake

and

cocoa

nibs,

as

well

as

such

other

products

containing

cocoa

as

the

Council

may

determine

if

necessary;

3. Cocoa

year

means

the

period

of

12

months

from

1

October

to

30

September

inclusive;

4.

Contracting

Party

means

a

Government,

or

an

intergovernmental organization

as

provided

for

in

article

4,

which

has

consented

to

be

bound

by

this

Agreement

pro

visionally

or

definitively;

5. Council means

the

International

Cocoa

Council

referred

to in

article

6;

6.

Daily

price

means

the

price

as

defined

in

paragraph

2

of

article

26;

7.

Entry

into

force

means,

except

when

qualified,

the

date

on

which

this

Agreement

first

enters

into

force,

whether

provisionally

or

definitively;

8.

Exporting

country

or

exporting

member

means

a

country

or

a

member

respec

tively

whose

exports

of

cocoa,

expressed

in

terms

of

beans,

exceed

its

imports.

However,

a

country

whose

imports

of

cocoa

expressed

in

terms

of

beans

exceed

its

exports

but

whose

production

exceeds

its

imports

may,

if

it

so

chooses,

be

an

exporting

member;

9.

Export

of

cocoa

means

any

cocoa

which

leaves

the

customs

territory

of

any

country;

and

import

of

cocoa

means

any

cocoa

which

enters

the

customs

territory

of

any

country;

provided

that,

for

the

purposes

of

these

definitions,

customs

territory

shall,

in

the

case

of

a

member

which

comprises

more

than

one

customs

territory,

be

deemed

to

refer

to

the

combined

customs

territories

of

that

member;

10.

Fine

or

flavour

cocoa

means

cocoa

produced

in

the

countries

listed in

annex

C

to

the

extent

specified

therein;

11.

Importing

country

or

importing

member

means

a

country

or

a

member respec

tively

whose

imports

of

cocoa

expressed

in

terms

of

beans

exceed

its

exports;

12.

Indicator

price

means

the

price

as

defined

in

paragraph

3

of

article

26;

13.

Member

means

a

Contracting

Party

as

defined

above;

Vol.

1446,

1-24604