Cuba Signs International Coffee Agreement 2022, Reinforcing Commitment to Global Coffee Sector
The Republic of Cuba signed the International Coffee Agreement 2022 (ICA) yesterday, Thursday, 12 September, as announced by the International Coffee Organization (ICO) through its official Instagram account.
According to the ICO, Ismara M. Vargas Walter, Cuban Ambassador to the United Kingdom, signed the ICA 2022 during the 138th session of the International Coffee Council in London. This signature reflects Cuba’s commitment to maintaining ongoing dialogue with the international coffee community and contributing to the development of the global coffee sector.
The International Coffee Agreement 2022 is the latest version in a long series of agreements aimed at enhancing cooperation in the global coffee sector. It is overseen by the ICO and is designed to address key challenges facing the coffee industry, promoting sustainability, development, and fair trade practices.
Among the main objectives of the International Coffee Agreement 2022 are:
- Sustainability and Development: Promoting sustainable practices in coffee-producing countries to ensure that production benefits the environment and local communities.
- Market Transparency: Improving transparency in the global coffee market by gathering and analyzing data that help stakeholders make informed decisions.
- Fair Trade Practices: Supporting the fair distribution of value across the coffee supply chain, with a focus on benefiting smallholder farmers.
- Partnership and Collaboration: Strengthening ties between coffee-producing and consuming countries to create a more balanced and equitable market.
- Resilience to Climate Change: Emphasizing the importance of building resilience within the coffee sector to cope with climate change, which poses a significant threat to production.
The ICA 2022 builds on the legacy of previous agreements, adapting to contemporary challenges such as price volatility, social responsibility, and environmental sustainability. By joining this agreement, Cuba joins other coffee-producing and consuming countries in committing to a more sustainable and equitable coffee industry, further enhancing international cooperation in this vital sector.
This move underscores the crucial role of cooperative efforts in addressing the challenges faced by the coffee sector today, with Cuba emerging as a key supporter in this ongoing dialogue.