Wednesday, September 17, 2003

Coffee Summit Opens in Cartagena, Colombia

VOA News

Three heads of state, along with delegates from around the world, have opened a coffee summit in Cartagena, Colombia to discuss the slump in global prices.
Colombian President Alvaro Uribe, Brazilian President Luiz Inacio Lula da Silva, and Ricardo Maduro of Honduras are among those taking part in the summit of the International Coffee Organization. The five-day meeting opened Tuesday.

Reports say the leaders will be under pressure from the ICO to implement a plan launched one year ago to reduce exports of low-quality coffee beans that have flooded the markets and driven down prices.

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