ABSTRACT
In a fundamental sense the search for effective international control measures over the supply and orderly marketing of sugar reflects the preoccupation of both exporters and importers with the inherent instability and volatility of the free market. Exporters want to reduce the risk of violent fluctuations in world prices and to obtain maximum foreign exchange earnings from their exports. The 1931 International Sugar Agreement grew out of Cuba’s undertaking, under the Chadbourne Agreement, to organize an international conference with other major sugar producers to try to stabilize the sugar industry worldwide. The 1953 nternational Sugar Agreement was signed between sixteen exporting and seven importing countries. The 1958 International Sugar Agreement followed closely the model established in the 1953 Agreement.
