Sunday 14 August 2022

Government of Guatemala announces its intention to withdraw from the Ico

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MILAN – The Government of Guatemala confirmed on Thursday its intention to leave the International Coffee Organization (ICO) as of the next coffee year. The decision was disclosed in a statement published by the government on its institutional site.

The measure was taken after that Council for Coffee Politics recommended to the President of the Republic of Guatemala – in accordance with the evaluations, analysis and recommendations of the National Coffee Association – to denounce the International Coffee Agreement of 2007 and withdraw the country from the International Coffee Organization.

Ricardo Arenas, head of the board of the directors of the influent Guatemalan coffee association, or Anacafe, said on Thursday that the group had urged the government to cut ties with the ICO as the international body did not do enough to protect producers’ interests, reports Reuters.

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