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MRE Elected To Head IRA
At the Biennial General Meeting of the International Rubber Association (IRA) held on 13 May 2007 in Bangkok, Thailand, the MRE was elected to assume the chairmanship of the IRA for a two-year period from 2007 - 2008. Members of the IRA Management Committee elected for this new term comprise of eight associations/organisations as follows:-

Organisations domiciled in the producing areas
    (i)  Malaysian Rubber Exchange (MRE)
    (ii) Thai Rubber Association (TRA)
    (iii) Singapore Commodity Exchange Ltd. (SICOM)
    (iv) Rubber Association of Indonesia (GAPKINDO)
Organisations domiciled in the consuming areas
    (v)   Rubber Trade Association of Europe (RTAE)
    (vi)  Rubber Manufacturers' Association, US/
           Rubber Trade Association of North America Inc.
    (vii)  European Tyres and Rubber Manufacturers' Association (ETRMA)
    (viii) Rubber Trade Association of Japan (RTAJ)
The IRA was established in 1971 and its membership is open to all Associations whose members are engaged in the production, consumption or marketing of natural rubber and all other organizations as approved by the general membership.

Amongst others, the objects of the IRA are:-
  • to provide a forum for the discussion of international commercial matters relating to natural rubber;
  • to formulate International Contracts for natural rubber;
  • to ensure observance of the sanctity and the ultimate enforcement of all IRA and linked contracts; and
  • to facilitate the continual improvement in the international trade in natural rubber.

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