Global: RECOMED approves the Malta Declaration to defend the price of extra virgin olive oil

Published Nov 27, 2024

Tridge summary

The Annual Assembly of the Association of Olive Oil Cities of the Mediterranean (Recomed) in Valletta, Malta, led to the approval of the Malta Declaration, which aims to maintain fair prices for extra virgin olive oil from the Mediterranean region. The event saw the renewal of the Board of Directors and Turkey's election as the new president, led by Dr. Hilmi Yildirim. The assembly also introduced the concept of Oleotourism as a promotional strategy and established the 'City of the Olive Tree' award to celebrate municipalities that foster olive oil culture. The Malta Declaration addresses the challenges of fluctuating prices and quality concerns in the global market, promising collaboration to ensure fair prices for producers.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Annual Assembly of the Association of Olive Oil Cities of the Mediterranean (Recomed) held in Valletta, Malta, marked an important milestone for the olive oil sector. At an event that brought together representatives from Spain, Italy, Greece, Turkey, Slovenia and Malta, the Malta Declaration was approved, a commitment to defend decent prices for extra virgin olive oil from the Mediterranean region. Renewal of the Board of Directors and leadership of Turkey The event, which was attended by the Minister of Agriculture of Malta, underlined the interest of this country in preserving and promoting olive cultivation, an ancestral heritage. During the Assembly, the Board of Directors of the Association was renewed, and Turkey was elected as the new president country of Recomed, succeeding Greece. Dr. Hilmi Yildirim will lead the Association as president in the coming years, marking the beginning of the presidency of the second largest olive oil producer in the world. The ...

Source: Oleorevista