Definition agreement launched in 1979 with the objective to control the supply side of natural rubber in terms of quantity and price level Reference "Verico, K. Economic Cooperation in Natural Rubber: The Impacts on Natural Rubber’s World Supply and Indonesia’s Economy http://ageconsearch.umn.edu/bitstream/199419/2/AJAD_2013_10_2_5Verico.pdf [21.10.2016]"
Comment Two agreements followed, in 1987 and 1995.