International Tin Agreement

The sixth agreement, reached in 1980 at the United Nations Tin Conference, was signed by Finland, Greece, Ireland, Luxembourg, Norway, Portugal and Sweden. The new producers were Australia, Brazil and Zaire. [3] The International Tin Council (ITC) was an organization acting on behalf of major tin producers and consumers to control the international tin market. Under the 1954 agreement, five other agreements were signed every five years, 1960, 1965, 1970, 1975 and 1980. [2] Intereconomic Volume 20, pages192-196 (1985)Cite this article In 1984, an Association of Tin Producing Countries was established with members: Australia, Bolivia, Indonesia, Malaysia, Nigeria, Thailand and Zaire. [6] In 2001, they no longer existed. [7] Guinea, Mexico, the Republic of Korea, the United Arab Republic, Israel, Liberia, Panama, Yugoslavia, the Union of Soviet Socialist Republics, Poland, the Philippines, Czechoslovakia, Taiwan, Romania, Nicaragua, the German Democratic Republic and Austria. The author thanks Ms.C Hunt of the International Tin Council, who answered her questions very kindly and provided her with various documents. The author examines the provisions of the New International Economic Order (NIEO) and states that international agreements on raw materials, with or without mutual funds, are and will remain a recognized instrument for achieving the objectives of nieO. The International Tin Agreement (ITA) has made useful contributions due to various factors that promote effective organization, including the convergence of interests between producer and consumer countries. However, broader objectives can only be achieved through appropriate structural reforms within the commodity organisation.

This is an overview of the content of the subscription, log in to check access. With the advent of aluminum containers, the use of protective polymer varnish in a box and the intensification of recycling by industry, the demand for tin decreased considerably in the early 1980s and, in October 1985, the ITC was unable to maintain the price. [4] He ended up running out of money to buy tin in the metals markets. Attempts to refinance the ITC have finally been abandoned and since then, as with many other commodities, the price has generally fallen as alternatives become more attractive. Behrendt, G. A new international agreement on tin?. Intereconomics 20, 192-196 (1985). You can also look for this author in PubMed Google Scholar An International Tin Study Group, founded in 1947 to study global tin supply and demand, led to the contract, the International Tin Agreement, signed in 1954, and the creation of the ITC in 1956.