Who we are

The Common Fund for Commodities (CFC) is an autonomous intergovernmental financial institution established within the framework of the United Nations. The Agreement Establishing the Common Fund for Commodities was negotiated in the United Nations Conference on Trade and Development (UNCTAD) from 1976 to 1980 and became effective in 1989. The first commodity development project was approved in 1991.

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Our Mission

Governing Bodies

Governing Council

The Governing Council consists of the representatives of CFC’s Member States. It meets annually, and is attended by Member States and Institutional Members, together with observers representing intergovernmental organizations.
The Governing Council determines the policies and the main lines of work of the Organization. The official languages of the Governing Council shall be the official languages of the United Nations.

Governing Council documents (Documents from
Governing Council Meetings)

Executive Board

The Executive Board ensures the overall management of CFC. It prepares the work of the Governing Council and sees that its decisions are properly carried out. The Executive Board meets twice a year.

Executive Board Documents (Documents from Executive Board Meetings)

Consultative Committee

The Consultative Committee, composed of nine independent experts, on technical and economic aspects of projects submitted to the Fund, is an advisory body for the Executive Board. The Consultative Committee meets twice a year.

Consultative Committee Documents (Documents from Consultative Committee Meetings)

Managing Director

The Governing Council at its 27 Annual Meeting elected, by
acclamation, Mr. Parvindar Singh as Managing Director for a four-year term from 1 January 2016 until 31 December 2019.

Mr. Singh joined the CFC in 2009 after having held positions at the state, federal, and international level during his career in the civil service of India. He held positions, inter alia, as Principal Secretary, Department of Food and Civil Supplies, and
Consumer Affairs, and Department of Urban Governance,
Government of Rajasthan; Secretary of Agriculture, Government of Rajasthan; Director, Ministry of Commerce, Government of
India.

Mr. Singh has worked at the CFC in 2000-2005 as the Chief Operations Officer; in 2009-2012 as Chief, Policy, Programme Management and Evaluation, and from 2012, as Managing Director a.i. of Common Fund for Commodities until the 27th meeting of the Governing Council held in 2015.

Member States

CFC has 101 Member States and 9 Institutional Members

Membership of the Fund is open to all States Members of the United Nations or any of its specialised agencies, or of the International Atomic Energy Agency, and intergovernmental organisations of regional economic integration which exercise competence in the fields of activity of the Fund.

List of Member States

Special Mentions

The Common Fund’s partnership with OPEC Fund for International Development (OFID) is historic and dates back to the very inception of the Fund. The OPEC Fund not only facilitated and paid capital subscription for as many as 37 Least Developed Countries (LDCs) but continues to make contributions under “Framework of Financial Support” towards CFC’s commodity development projects for the least developed countries and poorer strata in other developing countries.

The Kingdom of Norway and the European Commission have been supportive of the Fund and have sponsored capital contribution of 9 and 3 countries respectively.

The Kingdom of the Netherlands: A Trust Fund arrangement set up by the Netherlands Ministry for Development Cooperation to support CFC projects with co-financing contributions for the Five Year Action Plan.

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Annual Report

The 2016 Annual Report of the CFC highlights of the CFC work. The report includes feature articles on subjects such as the market niche for health conscious consumers and energy access in commodity sector. Information is also included on Regular and Fast Track projects approved by type of financing, and a brief summary of projects under implementation and completed during the year in different locations in Africa, Asia and Latin America, covering a range of commodities from bamboo and rattan to meats and dairy to tropical fruits and zinc.

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Employment Opportunities

Vacancies in the Secretariat are announced on this website and are also notified to Members of the CFC. They are open only to nationals of Member Countries of the CFC. The working language of the Common Fund is English. All staff members of the Common Fund work at its headquarters in Amsterdam, The Netherlands.

Vacancies

Contact info

The Headquarters of the Common Fund are located in Amsterdam, The Netherlands. The Secretariat is small and there are no regional offices.

Address

Rietlandpark 301

1019 DW Amsterdam, the Netherlands

P.O. Box 74656

1070 BR Amsterdam, the Netherlands

Telephone and E-Mail

Telephone: +31 20 5754949
Fax: +31 20 6760231
E-mail:

managing.director@common-fund.org

 

CFC Logo

For the purposes of any publications requiring the use of CFC logo

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