Common Fund for Commodities has a membership of 105 Member States and ten institutional members including the European Union (EU), the African Union/African Economic Community (AU/AEC), the Common Market for Eastern and Southern Africa (COMESA) and most recently, the Caribbean Community (CARICOM). Membership is also open to Members States of the United Nations, its specialised agencies; and the International Atomic Energy Agency, in addition to intergovernmental and regional economic integration organisations, which exercise competence within the purview of activities overseen by the Fund.
The Agreement Establishing the Common Fund for Commodities [CFC] was adopted on 27 June 1980 at Geneva, by the United Nations Negotiating Conference on a Common Fund under the Integrated Programme for Commodities. The Agreement entered into force on 19 June 1989. A copy of the Agreement is available in PDF.