The World Copper Agreement (also called International Copper Cartel) signed March 28, 1935, was an attempt to create a worldwide copper cartel. Uniting African, South American and European producers, the agreement aimed to "bring about better conditions in the production, distribution and marketing of copper throughout the world outside of the United States" through curtailment of production. To supervise the implementation of the agreement and amend breaches of it, the agreement provided for the creation of a Control Committee of 5 members.
Read more about World Copper Agreement: Signaturies To The Agreement
Famous quotes containing the words world, copper and/or agreement:
“For decades to come the spy world will continue to be the collective couch where the subconscious of each nation is confessed.”
—John le Carré (b. 1931)
“He had put, within his reach,
A box of counters and a red-veined stone,
A piece of glass abraded by the beach,
And six or seven shells,
A bottle with bluebells,
And two French copper coins, ranged there with careful art,”
—Coventry Kersey Dighton Patmore (18231896)
“No one can doubt, that the convention for the distinction of property, and for the stability of possession, is of all circumstances the most necessary to the establishment of human society, and that after the agreement for the fixing and observing of this rule, there remains little or nothing to be done towards settling a perfect harmony and concord.”
—David Hume (17111776)