By Chris Mercer Beverage Daily May 29, 2007 Coffee processors and producers will have to wait another year for a new International Coffee Agreement after talks over the last week failed to make a breakthrough. Arguments and a lack of common ground between delegates from several countries are understood to have blighted discussions at the International Coffee Organisation (ICO) headquarters in London. It means the current Agreement will be extended for another year, putting back potentially important reforms that could help the coffee sector to address issues of sustainability, trade and emerging market consumption. An EU official told BeverageDaily.com in February that the end of May deadline for agreeing a new deal looked "too optimistic". Nestor Osorio, ICO executive director, had repeatedly insisted that talks were on track to replace the current agreement, which should have run out in September. On Friday, he admitted defeat. ICO members, which include the EU, US and m...