Source: PIB
Context: India has been designated as the Chair of the International Sugar Organisation (ISO) for 2024, following the announcement made during the 63rd council meeting held in London.
What is ISO?
The International Sugar Organization (founded 1968; HQ: London) is an intergovernmental organization, which was established by the International Sugar Agreement of 1968, as the body responsible for administering the Agreement (aimed at establishing an “orderly relationship between the supply and demand for sugar in the world market.). It has 88 countries as its member (Saudi Arabia joined in 2022)
*Note: in October 2022, India became the largest producer of Sugar in the world. Depending on the source of news, India’s position may defer.
