Tag: International Coffee Organization

Established in 1963 under the auspices of the United Nations pursuant to the first International Coffee Agreement of 1962, the International Coffee Organization (ICO) is the only intergovernmental organization for coffee, bringing together exporting and importing governments. It currently represents 93% of world coffee production and 63% of world consumption. Its mission is to strengthen the global coffee sector and promote its sustainable expansion in a market-based environment for the benefit of all participants in the Global Coffee Value Chain (G-CVC). It provides a unique forum for dialogue among governments, the private sector, development partners, civil society, and all coffee sector stakeholders, addressing the industry's challenges and fostering development opportunities through international cooperation.

Although coffee sales in China currently account for only a small share, the Chinese coffee market is expected to see strong growth. Historically, China has evolved into a major tea-drinking nation. Over 2,700 years ago in China, the mythical emperor known as the "Emperor of the Five Grains," also called "Shennong," accidentally discovered the delicious taste of tea; whenever leaves from the tea tree fell, he would infuse them in hot water. Tea was once used for medicinal purposes, later regarded as an art form, and now Chinese people drink it every day.

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International Coffee Organization