RI, PNG sign coffee deal

RI, PNG sign coffee deal

LONDON (AFP): Indonesia and Papua New Guinea have signed the new International Coffee Agreement, it was announced in London on Tuesday by Celsius Lodder, executive director of the International Coffee Organization.

The new members are important, as Indonesia is now the world's third-ranking coffee exporter and the first for robusta, while Papua New Guinea is among the world's 15 leading exporters.

Lodder also said that steps had been taken to increase the organization's financial resources if the budget remains in deficit this year.