Printer Friendly

Febec asks for ICA termination.

Febec asks for ICA termination

The Brazilian Federation of Coffee Exporters (FEBEC) has recommended to the president of the IBC, Jorio Dauster, the termination of Brazil's participation in the ICA, due to the quota system which is viewed as restrictive to the growth of Brazil's coffee market.

Febec president, Carlos Calmon, has also called for an end to government interference in the domestic and export coffee markets. Febec's position is that the circumstances that lead to government controls, a heavy dependence on coffee exports for hard currency earnings, no longer exist, and coffee can now seek its own course subject only to the laws of supply & demand. Calmon cites a free market as being one of the essential conditions for the improvement of Brazil's coffee quality.

Febec was formed in August, 1988 and its members account for 75% of the volume of Brazil's coffee exports.
COPYRIGHT 1989 Lockwood Trade Journal Co., Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1989 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:Brazilian Federation of Coffee Exporters, International Coffee Agreement
Publication:Tea & Coffee Trade Journal
Date:Jun 1, 1989
Words:145
Previous Article:Jamaica: hurricane knocks out immediate potential of new plant.
Next Article:ERB-group to take over Volkart's worldwide coffee operations.
Topics:


Related Articles
Azevedo reports on the Brazilian coffee scene.
The plan for a new Brazil creates a new concept for coffee commerce.
Brazil, politics and coffee: the new deal.
Government seems to have abandoned Brazil trade.
Brazil: growers curtail quality farming.
Assessing the fall out of Febec's Brazil coffee program.
Brazil faces turbulent times ahead.
Rio could soon overtake Santos as Brazil's coffee port.
Can Brazil take over the world?
Brimming with optimism. (Brazil's Soluble Coffee Industry).

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters