|Author (Corporate)||Council of the European Union|
|Series Title||Official Journal of the European Union|
|Series Details||L 133|
Council Decision of 17 May 2019 establishing the position to be taken on behalf of the Union regarding the envisaged extension of the Grains Trade Convention until 30 June 2021.
The Grains Trade Convention aims to further international co-operation in all aspects of trade in grains, to promote the expansion of international trade in grains and to secure the freest possible flow of this trade. In addition, the Convention intends to contribute to the fullest extent possible to the stability of international grain markets in the interests of all members, to enhance world food security and to provide a forum for exchange of information and discussion of members’ concerns regarding trade in grains. The Convention entered into force on 1 July 1995.
The International Grains Council (IGC), which seeks to meet the objectives laid down by Article 1 of the Convention, has 28 members, including many of the world’s largest cereals producers as well as importers. During its forty-ninth session on 10 June 2019 the IGC is to adopt a decision regarding the extension by two years of the Convention to cover the period 1 July 2019 – 30 June 2021.
|Subject Categories||Business and Industry, Trade|
|Subject Tags||Agriculture, External Trade | Trade Agreements|
|Keywords||Cereals | Grains
|International Organisations||European Union [EU], International Grains Council|