Skip to main content

Commemorating 70 years of international grains trade cooperation

Representatives of the Taipei Economic and Cultural Office in the UK attended a reception hosted by the chairman of the International Grains Council (IGC) and the Japanese ambassador to the UK to commemorate the 70th anniversary of international grains trade cooperation on June 11. The event was held as part of the IGC's 49th Council Session, which took place in London from June 11 to 12.

The session agenda covered the market state and outlook for grains, rice and oilseeds, national trade-related policy developments, dialogue on agricultural policy developments and the grains sector, dialogue with international organizations on major policy issues affecting grains trade, a progress report on the IGC's 2018-19 program, and the 1995 Grains Trade Convention.

The IGC is an intergovernmental organization established under the International Grains Agreement, which was established in 1995 and comprises the Grains Trade Convention and the Food Aid Convention. The agreement succeeded the International Wheat Agreement of 1949.

To promote food security, safeguard the fundamental right of every person to live without hunger, raise Taiwan's visibility and increase exchanges with key international figures, the Ministry of Foreign Affairs coordinates with the Council of Agriculture, Executive Yuan, to gather data on supply and demand and the global markets for rice, wheat, corn, soybeans and other staple grains.

#International Grains Council (IGC)
#international grains trade cooperation
#supply and demand & trade of grains
#food security
#International Grains Agreement (IGA)