EU/UNCTAD: COMMISSION AUTHORISED TO NEGOTIATE TROPICAL TIMBER AGREEMENT.
The initial International Tropical Timber Agreement was concluded in 1983 and renewed several times, 1994 being the last. The 1994 Agreement was due to expire on December 31, 2003 but was extended for three years in order to allow parties sufficient time to re-negotiate the pact. The objective of the Agreement was to ensure that from the year 2000 onwards, only timber from sustainably-managed forests would be traded and to help producer countries gather resources to achieve this target.
The International Tropical Timber Organisation (ITTO) was set up under the ITTA in 1985 as a temporary organisation mandated to implement the principles of the agreement. The Organisation's main objectives are:
- to provide an effective framework for co-operation between producer and consumer countries,
- to promote the expansion and diversification of international trade in tropical timber and to improve structural market conditions,
- to promote and support research and development to improve forest management and timber use,
- to improve market intelligence with a view to ensuring greater transparency,
- to promote more advanced processing of timber in producer countries in order to boost export earnings,
- to encourage members to support and develop industrial re-forestation and population management activities,
- to improve marketing and distribution of tropical timber exports from producer member countries,
- to encourage development of national policies to ensure sustainable utilisation and conservation of tropical forests and to protect genetic equilibrium in the relevant regions.
The Member States of the ITTO represent 95% of world trade in tropical timber and 75% of tropical forests. The Members of ITTA are: Germany, Australia, Austria, Belgium, Bolivia, Brazil, Burma, Cambodia, Cameroon, Canada, the Central African Republic, China, Colombia, Congo, the Democratic Republic of Congo (ex-Zaire), Ivory Coast, Denmark, Ecuador, Egypt, Spain, the United States, Fiji, Finland, France, Gabon, Greece, Guyana, Honduras, India, Indonesia, Ireland, Italy, Japan, South Korea, Liberia, Luxembourg, Malaysia, Nepal, New Zealand, Norway, Panama, Papua New Guinea, the Netherlands, Peru, the Philippines, Portugal, the United Kingdom, Sweden, Surinam, Switzerland, Thailand, Togo, Trinidad and Tobago, the EU, Uruguay, Vanuatu and Venezuela.
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|Title Annotation:||European Union|
|Date:||Jul 17, 2004|
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