The International Cocoa Council, the supreme authority, is made up of all members and holds two regular meetings for each cocoa year, which will take place from 1 October to 30 September. Voting rights in the Council are distributed equitably between exporting countries and importers. commissions (3); Expert Working Group. The Advisory Council for the World Cocoa Economy is made up of experts from all sectors of the cocoa economy. The secretariat consists of the Executive Director`s office, including the personnel and administration division, as well as the information and conference division. Division of Economics and Statistics, consisting of the Statistics and Market Review Division and the Economics and Development Division. The International Cocoa Organization (ICCO) is a global organization of cocoa-producing and consumer countries that are members. The London-based ICCO was established in 1973 to implement the first international cocoa agreement negotiated in Geneva at a United Nations international conference on cocoa. Since then, there have been seven agreements. The seventh international cocoa agreement was negotiated in Geneva in 2010 and came into force on an interim basis on 1 October 2012. Promote international cooperation in the global cocoa industry; Establish an appropriate framework for addressing all issues in all sectors of these sectors; contribute to the strengthening of the national cocoa economy in the Member States, including the preparation of appropriate projects to be submitted to the relevant institutions for funding and implementation. contribute to the balanced development of the global cocoa economy, including the promotion of a sustainable cocoa economy; Conducting research and implementing its results; Transparency through the collection, analysis and dissemination of relevant statistics and the conduct of appropriate studies; Consumption of chocolate and cocoa products to increase demand for cocoa, in close collaboration with the private sector. On 2 November 2005, the total percentage of exporting countries that joined the agreement was over 80%.
Thus, the 2001 International Cocoa Agreement finally entered into force for the first time in the 30-year history of international cocoa agreements. ICCO Member States account for nearly 85% of the world`s cocoa production and more than 60% of global cocoa consumption.