United Nations Photo

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Headline EEC Signs Common Fund for Commodities Agreement

Caption Description The European Economic Community (EEC)_ today signed the Agreement establishing the Common Fund for Commodities, a central element in the North-South dialogue. The Agreement is the result of four years intensive negotiations between developed and developing countries sponsored by the UN Conference on Trade and Development (UNCTAD). A primary objective of the new financial institution is to help International Commodity Agreements finance buffer stocks of commodities in price stabilization schemes. It will also finance other measures such as commodity development.
Pierre Malve, Head of the EEC delegation to the UN, signs the Agreement as UN Treaty Section Chief Philippe C. Giblain looks on.

Unique Identifier UN7586042

NICA ID 259566

Production Date 10/21/1981 11:05:11 PM

City/Location New York

Country United States of America

Credit UN Photo/Milton Grant