HONGKONGDIR

HOMECompaniesDictionaryFAQs

Home » Dictionary » Economy » international commodity agreement

International Commodity Agreement

Definition
An agreement among producing and consuming countries to improve the functioning of the global market for a commodity. May be administrative, providing information, or economic, influencing world price, usually using a buffer stock to stabilize it. ICAs are overseen by UNCTAD.

Nearby Terms
Similar companies
Copyright © 2013 hongkongdir.com All Rights Reserved.
Provides public information about companies in the Hong Kong.