Abstract

The International Wheat Council held its 24th session in the Council's headquarters in Haymarket House, London, on June 25 and 26, 1958. The Council decided that the Secretary-General of the UN should be requested to convene a conference early in 1959 to negotiate a possible renewal or replacement of the International Wheat Agreement, which would enter into force when the present agreement expired on July 31, 1959. The agreement regulated the quantities of wheat exported and imported by participating countries, set a price range for wheat traded under it, and was intended to ensure greater economic stability to the international wheat trade.

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