Constitution of the Association of Natural Rubber Producing Countries.

The Parties have reached the present agreement in order to create the Association of Natural Rubber Producing Countries, whose objectives are the following: (a) coordination of the production and marketing of natural rubber; (b) technical cooperation amongst Members; (c) to bring about fair and stable prices for natural rubber. To achieve the mentioned purposes, the Association shall in particular: (1) elaborate studies of the world rubber position and examine the short and long-term issues relating to the natural rubber industry; (2) encourage research and development in production, marketing and consumption of natural rubber; (3) make recommendations to Members, if it deems it necessary; (4) collaborate with other international organizations, as appropriate. Part E of the agreement refers to membership: the Association is composed of an Assembly, an Executive Committee and a Secretariat. Part F lays down voting rules.