International Natural Rubber Organization (INRO)
Organisation internationale du caoutchouc naturel (OICN)
23 Oct 1980, on coming into force provisionally (in accordance with Article 61 paragraph 2) of International Natural Rubber Agreement, 1979, negotiated at UN Conference on Natural Rubber, 1978, held within the context of resolution 93 (IV) of 30 May 1976 on the Integrated Programme for Commodities. The text of the Agreement was adopted by the Conference of 6 Oct 1979, and opened for signature at UN Headquarters from 2 Jan to 30 Jun 1980; during this period the Governments of 25 countries and EEC signed the Agreement. The Agreement came into force provisionally on 23 Oct 1980 and definitively on 15 Apr 1982. At first session of the International Natural Rubber Council -- Conseil international du caoutchouc naturel, 17-21 Nov 1980, Geneva (Switzerland), it was decided to establish headquarters in Kuala Lumpur (Malaysia). The T-XT8701 - International Agreement on Natural Rubber, 1987, to succeed that of 1979, came into force provisionally on 29 Dec 1988 and definitively on 3 Apr 1989. T-XT9505 - International Natural Rubber Agreement, 1995 was adopted 17 Feb 1995 and succeeds the 1987 Agreement which expired on 28 Dec 1995. It came into force provisionally on 6 Feb 1997 and definitively on 14 Feb 1997. The 1995 Agreement expired 13 Oct 1999. INRO ceased to exist Jun 2001.
Achieve a balanced growth between the supply of and demand for natural rubber, thereby helping to alleviate difficulties arising from surpluses or shortages; achieve stable conditions in natural rubber trade through avoiding excessive price fluctuations, and stabilize these prices without distorting long-term market trends, in the interests of producers and consumers; help stabilize export earnings from natural rubber of exporting members, and increase their earnings based on expanding natural rubber export volumes at fair and remunerative prices, thereby helping to provide the necessary incentives for a dynamic and rising rate of production and the resources for accelerated economic growth and social development; seek to ensure adequate supplies of natural rubber to meet the requirements of importing members at fair and reasonable prices, and improve the reliability and continuity of these supplies; take feasible steps in the event of a surplus or shortage of natural rubber to mitigate the economic difficulties that members might encounter; seek to expand international trade in, and to improve market access for, natural rubber and its processed products; improve competitiveness of natural rubber by encouraging research and development on natural rubber problems; encourage efficient development of the natural rubber economy by seeking to facilitate and promote improvements in processing, marketing and distribution of raw natural rubber; further international cooperation in and consultations on natural rubber matters affecting supply and demand, and facilitate promotion and coordination of natural rubber research, assistance and other programmes.
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International Natural Rubber Council, composed of all members (regular sessions held at least twice a year, normally in May/Jun and Oct/Nov). Committee on Administration and Committee on Buffer Stock Operations, each Committee comprising a maximum of 12 members, divided as equally as possible between exporting and importing members; Committee on Other Measures comprising a maximum of 14 members, divided as equally as possible between exporting and importing members; Committee on Statistics, comprising all members of the Organization; Credential Committee, 2 exporting and 2 importing members. Voting procedures of the Council: exporting members together hold 1,000 votes and importing members 1,000 votes. Each exporting and importing member's share of votes is calculated on the basis of the average of net exports or net imports in past years.
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UN Sustainable Development Goals **
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