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DAILY NEWS ANALYSIS

GS-II :
  • 24 November, 2023

  • 1 Min Read

International Sugar Organization (ISO)

  • India becomes Chair of International Sugar Organization (ISO) for 2024 to lead global sugar sector.
  • ISO is an intergovernmental organization with 90 member countries, based in London, which was established by the International Sugar Agreement of 1968, as the body responsible for administering the Agreement.
  • ISO represents (based on data for 2022) - 87% of world sugar production, 64% of world sugar consumption, 34% of world imports, 92% of world exports.

India is the largest consumer and 2nd largest producer of sugar, 3rd largest country in the world in ethanol production after USA and Brazil.

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