Common Fund for Commodities

{{Short description|Intergovernmental financial institution}}

{{Use dmy dates|date=April 2022}}

{{More citations needed|date=June 2020}}{{Infobox organisation

| name = Common Fund for Commodities

| former name =

| image = Common_Fund_for_Commodities.jpg

| image_size =

| alt =

| caption = Logo of the Common Fund for Commodities

| map =

| map_size =

| map_caption =

| abbreviation = CFC

| motto =

| formation = {{Start date and age|1989|06|19|df=yes|p=y}}

| type = Intergovernmental organization

| status =

| purpose = Financial institution

| headquarters = Amsterdam, Netherlands

| membership = 101 Member States plus 9 institutional members

| coords = {{coord|52.3734016|N|4.9331836|E|display=inline,title}}

| area_served = International

| founder =

| leader_title = Managing Director

| leader_name = {{flagcountry|Bangladesh}} Sheikh Mohammed Belal

| website = {{URL|http://common-fund.org/}}

}}

The Common Fund for Commodities (CFC) is an intergovernmental financial institution established within the framework of the United Nations. It is a vestige of the proposed New International Economic Order. The CFC finances commodity development projects in developing states.

The CFC was established in 1989. It was set up by a 1980 multilateral treaty known as the Agreement establishing the Common Fund for Commodities. As of June 2017, there are 110 parties to the Agreement and thus to the CFC. This total includes 101 UN member states plus 9 intergovernmental organizations: the Andean Community, the African Union, the Caribbean Community, the Common Market for Eastern and Southern Africa, the East African Community, the European Union, the Economic Community of West African States, the Southern African Development Community and the West African Economic and Monetary Union.{{cite web|title=Members States|url=http://common-fund.org/about-us/members-states/|website=common-fund.org|publisher=Common Fund for Commodities|access-date=17 June 2017|language=en-EN|archive-url=https://web.archive.org/web/20170629080229/http://common-fund.org/about-us/members-states/|archive-date=29 June 2017|url-status=dead}} Members that have joined but then withdrawn from the CFC include Australia, Austria, Belgium, Canada, Japan, Luxembourg, New Zealand, Turkey, and the Eurasian Economic Community. The United States of America has not been a member of the fund.