Brazil suspended from voting in the ICO bodies
Michael Chen
Senior Web Developer
Brazil has been suspended from voting in the ICO for one year for late and incomplete payment of membership dues of £382,000 (US$582,000), report Brazilian media. The deadline for payment was September 30th. Only a partial payment of R $1.7 million (US$441,000) was made.
Brazil failed to pay the dues within the deadline because of budget cuts, according to sources.
As a consequence of this decision, Brazil will be suspended from voting in the International coffee council and all the other ICO bodies in the 117th and 118th Session.
Source: comunicaffe.com/brazil-suspended-from-voting-in-the-ico-bodies/
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