Constitution
Executive Committee (EXCO)
Term of Reference:
To decide on administrative and financial matters when the Assembly is not in session.
Economics and Statistics Committee (ESC)
Term of Reference:
- To collect, analyze and disseminate market information and statistics and to present these to the Assembly for consideration and adoption;
- To consider trade-related issues affecting member countries, and to make recommendations to the Assembly for adoption;
- To set up sub-committees on specific issues, as and when necessary.
Industry Discipline Committee (IDC)
Objectives
- To achieve a healthy business relationship between buyers and sellers of natural rubber, thereby helping to promote a conducive environment for a healthy growth of rubber trade;
- To achieve stable conditions in rubber trade through upholding the sanctity of contracts and the traditional business ethics of the industry;
- To take steps in the event of a non-performance of contract to restrict or restrain the errant party;
- To improve co-operation between buyers and sellers and/or organisations through consultations on trade matters affecting contract performance.
Technical Committee on Contract Matters (TCCM)
Terms of Reference:
- To study any technical issues arising from the international and related contracts and to recommend measures for adoption to overcome them; and
- To exchange views on the issues and challenges relating to the technicalities of a contract and its impact on the NR trade and industry.