Home / Knowledge / News / Textiles / Cotton trade with India to become smoother
Cotton trade with India to become smoother
15
Mar '10
In a meeting held between the Presidents of the Cotton Association of India (CAI) and Karachi Cotton Association (KCA), they agreed to amicably resolve all the pending trade issues outside the ambit of the International Cotton Advisory Committee (ICAC).

Mr Dhiren Seth, President of CAI told Mr Sohail Naseem, President of KCA that there was a urgent need to remove bottlenecks in order to ensure smooth trade as well as to bolster cotton trade between the two countries.

The KCA President was of the opinion that, the two countries should amicably resolve their problems, especially matters relating to settling price mechanism and honouring trade deals entered in to by each other.

Another KCA senior member, Mr Shakeel Ahmad observed that, resolving disputes relating to 'Letters of Credit' (L/C) between buyers and sellers were very crucial and should be resolved with good understanding.

He hoped that the Indian traders would also show similar goodwill gesture as was depicted by Pakistani traders in honouring deals. The potential to import cotton from India is very good as transshipment time is very less, added another member.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: UPM Raflatac

Apparel/Garments | On 17th Jan 2017

New residue free textile label adhesive from UPM Raflatac

Producer of self adhesive label materials UPM Raflatac, has...

Courtesy: Authentic Brands Group

Apparel/Garments | On 17th Jan 2017

Teen retailer Aéropostale reopens 500 stores in US

Teen apparel retailer Aéropostale has reopened 500 stores in the US,...

Courtesy: Centric Software

Information Technology | On 17th Jan 2017

Centric releases version 6.0 of PLM solution

Centric Software, the leading PLM solution for fashion, retail,...

Interviews View All

Victor Chao
Esmetex

‘In future, clothing boundary lines will become increasingly blurred.’

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
January 2017

January 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search