ROLE OF ISO
International Sugar Agreement - 1992 (English | French | Spanish | Russian)
The ISO is based in London, the 88 member states of the ISO represent (based on data for 2012):
- 86% of world sugar production
- 69% of world sugar consumption
- 95% of world exports
- 41% of world imports
- to ensure enhanced international cooperation in connection with world sugar matters and related issues.
- to provide a forum for intergovernmental consultations on sugar and on ways to improve the world sugar economy.
- to facilitate trade by collecting and providing information on the world sugar market and other sweeteners.
- to encourage increased demand for sugar, particularly for
- The ISO is the only worldwide forum for the exchange of
views by major producing, consuming and trading countries at an
intergovernmental level. Council sessions, held twice a year in
May and November, afford the opportunity for policy issues to be
debated at a multi-lateral level.
- The ISO contributes significantly to improved market
transparency through its long established and widely recognized
statistical and analytical activities. The Market Evaluation,
Consumption & Statistics Committee (MECAS), also meeting twice a
year, allows a serious and in depth debate of the short term
market perspective based on the ISO Secretariat's independent
view, longer term perspectives and studies carried out by the
Secretariat and others of issues and problems of common interest
- The ISO holds annual seminars with the objective of
increasing knowledge and understanding of the sugar market and
related problems. Starting in 1992, ISO Seminars have already
established themselves as important and well organized events on
the sugar calendar, not only providing a wealth of information
but giving the opportunity for decision makers representing
growers, processors, trade, governments, banks and press to
- The ISO holds Workshops on subjects of special interest and
importance to the sugar world. Topics covered include: The
Implications of the GATT Uruguay/WTO Round for Sugar, Alcohol &
the Environment, Alternative Uses of Sugar and By-products,
Alternative Uses of Bagasse, Developments, Opportunities in
Sugar Technology (beet/cane) and Diversification, World Market
Situation and Impact of Latin America on Sugar Markets.
Cogeneration, RTAs, Alternative Sweeteners, Prices/Exchange
Rates, Futures, Freight Rates, Consumption Patterns.
- As the designated International Commodity Body (ICB) for
sugar for the Amsterdam based Common Fund for Commodities (CFC),
the ISO is uniquely able to formulate and sponsor projects from
developing countries and countries in transition seeking finance
from the first and second accounts of the CFC. Since the CFC is
a commodity-wide lending agency, projects to improve
productivity, widen product-base and diversify vertically the
sugar industry benefit all ISO members, not just the country
where the project is sited. Benefits derived from CFC projects
enable members to repay their ISO contribution many times over ISO CFC Projects.