INBAR as an International Commodity Body of the Common Fund for Commodities (ICB of the CFC)

In October 2000 INBAR became an International Commodity Body (ICB) for B&R under the Common Fund for Commodities (CFC).

The Common Fund for Commodities is an inter-governmental financial institution established within the framework of the United Nations. The Fund's specific mandate is to support developing countries that are commodity dependent to improve and diversify commodities production and trade.

The Fund's projects typically have a market development and poverty alleviation orientation; and through a variety of project-based initiatives, the Fund places a high premium on development of commodities-based economies upon which the producers and exporters depend for their livelihoods.

The Fund currently has a membership of 106 countries. Institutional members include the European Community (EC), the African Union (AU) and the Common Market for Eastern and Southern Africa (COMESA). The Secretariat is based in Amsterdam, The Netherlands.

For more details, please visit www.common-fund.org