Common Contracts
1 similar International Agreement on Olive Oil and Table Olives contracts
ContractInternational Agreement on Olive Oil and Table Olives • January 5th, 2017
On 1 January 2017 the new International Agreement on Olive Oil and Table Olives, 2015, came into force, being the sixth International Agreement of the Organisation. This new Agreement will allow the IOC to continue apace in helping to bring about the harmonious, lasting development of the world olive and olive oil sector. Several features mark this Agreement out from its predecessors, namely in that it facilitates the participation of importer countries and it establishes a modified formula for calculating participation shares, which is intended as an incentive for consumer countries to join. It reasserts the role of the IOC as a world documentation centre and channel for broadcasting information about olive trees and their products. It also focuses on national and international standards for the physico-chemical and organoleptic characteristics of olive oils, olive pomace oils and table olives, aimed at preventing trade barriers and guaranteeing quality.
