Definitions
Article 2
For the purposes of this Agreement: 1. Cocoa means cocoa beans and cocoa products; 2. Fine or flavour cocoa is cocoa recognised for its unique flavour and colour, and produced in countries designated in Annex C of this Agreement; 3. Cocoa products means products made exclusively from cocoa beans, such as cocoa paste/liquor, cocoa butter, unsweetened cocoa powder, cocoa cake and cocoa nibs; 4. Chocolate and chocolate products are products made from cocoa beans which comply with the Codex Alimentarius standard for chocolate and chocolate products; 5. Stocks of cocoa beans mean all dry cocoa beans that can be identified as at the last day of the cocoa year (30 September), irrespective of location, ownership or intended use; 6. Cocoa year means the period of 12 months from 1 October to 30 September inclusive; 7. Organization means the International Cocoa Organization referred to in Article 3; 8. Council means the International Cocoa Council referred to in Article 6; 9. Contracting Party means a Government, the European Union or an intergovernmental organisation as provided for in Article 4, which has consented to be bound by this Agreement provisionally or definitively; 10. Member means a Contracting Party as defined above; 11. Importing country or importing Member means a country or a Member respectively whose imports of cocoa, expressed in terms of beans, exceed its exports; 12. Exporting country or exporting Member means a country or a Member respectively whose exports of cocoa, expressed in terms of beans, exceed its imports. However, a cocoa-producing country whose imports of cocoa, expressed in bean equivalent terms, exceed its exports but whose production of cocoa beans exceeds its imports or whose production exceeds its apparent domestic cocoa consumption ( 1 ) may, if it so chooses, be an exporting Member; 13. Export of cocoa means any cocoa which leaves the customs territory of any country and import of cocoa means any cocoa which enters the customs territory of any country, provided that, for the purposes of these definitions, customs territory shall, in the case of a Member which comprises more than one customs territory, be deemed to refer to the combined customs territories of that Member; 14. A sustainable cocoa economy implies an integrated value chain in which all stakeholders develop and promote appropriate policies to achieve levels of production, processing and consumption that are economically viable, environmentally sound and socially responsible for the benefit of present and future generations, with the aim of improving productivity and profitability in the cocoa value chain for all stakeholders concerned, in particular for the smallholder producers; 15. Private sector comprises all private entities which have main activities in the cocoa sector, including farmers, traders, processors, manufacturers and research institutes. In the framework of this Agreement, the private sector also comprises public enterprises, agencies and institutions which, in certain countries, fulfil roles that are performed by private entities in other countries; 16. Indicator price is the representative indicator of the international price of cocoa used for the purposes of this Agreement and computed in accordance with the provisions of Article 33; 17. Special Drawing Right (SDR) means the Special Drawing Right of the International Monetary Fund; 18. Tonne means a mass of 1 000 kilograms or 2 204,6 pounds and pound means 453,597 grams; 19. Simple distributed majority vote means a majority of votes cast by exporting Members and a majority of votes cast by importing Members, counted separately; 20. Special vote means two thirds of the votes cast by exporting Members and two thirds of the votes cast by importing Members, counted separately, on condition that at least five exporting Members and a majority of importing Members are present; 21. Entry into force means, except when qualified, the date on which this Agreement first enters into force, whether provisionally or definitively.