Today the International Cocoa Agreement (ICCO) was published in the Official Journal of the European Union. Despite its rather comic name, the treaty is an important international instrument which seeks to promote sustainable growth and fair renumeration for cocoa and cocoa-related products.
Nevertheless, one cannot but help to snicker a bit when reading the preamble, where the contracting parties recognize: "that close international cooperation on cocoa matters and continuing dialogue between all stakeholders in the cocoa value chain may contribute to the sustainable development of the world cocoa economy [...]" (Preamble).
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