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Mutombo Coffee source Uganda Withdraws from the International Coffee Agreement

Uganda Withdraws from the International Coffee Agreement

Uganda has officially withdrawn from the International Coffee Agreement, becoming the second high-profile coffee-producing country to do so within the past two years.

The withdrawal officially came on Wednesday, Feb. 2, after officials from the Uganda Coffee Development Authority (UCDA) signaled their intention to leave late last year.

Overseen by the International Coffee Organization, the International Coffee Agreement has been signed by nearly all the world’s largest coffee-producing countries and many of the world’s largest coffee-consuming countries. The agreement has existed in numerous iterations since 1962, and it was used to regulate global coffee supplies and stabilize global coffee prices through a quota system from the early 1960s until its collapse in 1989.

Robert C. Bush Jr

About Robert C. Bush Jr

I am a senior investment executive with experience across industries (advanced manufacturing, financial services, energy, ICT, e-health, life sciences, security, and retail), geographies (USA, Europe, China, Middle East and Africa), as well as asset classes (venture capital, private equity, Islamic finance). I have engaged in a full array of financial and operating special projects for sovereign-related entities, family businesses, family offices, investment companies, corporates, and startups. I have participated in more than $30 billion in transactions and co-managed assets of nearly $10 billion (usd). I speak frequently to governments, universities, and corporates on issues related to innovation, corporate governance, asset management, and evidence-based investing. Additionally, I provide commentary on live television and international media, including CNN International, Euromoney, and Fox Business News, as well as speak at global conferences, including the UAE’s Annual Investment Meeting (AIM), Milken Conference, Institutional Investor, Business Week CEO Forum, GAIM and dozens of startup pitch events around the globe. My unique, global experiences, love for teaching and learning, as well my established network of relationships, fuel my interests in entrepreneurship, prudent-decision making, and innovation. If you are living a purpose-driven life, let's connect!

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