Home / Knowledge / News / Textiles / ICA organises cotton summit in Turkey
ICA organises cotton summit in Turkey
28
Jul '10
More than 125 members of the Turkish cotton community attended the 'ICA Cotton Trade Information Summit' at the Kahramanmaras Chamber of Industry and Trade on 28 June 2010.

Taking the form of a workshop and an open forum session, the event was organised by KASIAD - Kahramanmaras Business Trade Community and hosted by the International Cotton Association (ICA).

Designed to engage and hear the views of the local cotton community and help generate a greater understanding of the principles of contract sanctity, ICA Rules and arbitration procedures, the event was open to both ICA members and non-members and it was free to attend.

At the summit, Ertugrul Tanriverdi, ICA Director and Vice President of Ensar Tekstil - a spinning company based in Turkey - welcomed the delegation. During his address, Ertugrul highlighted the fact that cotton production in Turkey does not meet consumption: "Last year, our production was 1,800,000 bales and consumption was 5,600,000," he explained. "If we calculate the difference in volume, it is about $1.5 billion dollars shortfall. We currently have just four Turkish firms who are members of the ICA. I believe we should definitely increase participation - if we do not participate on the ruling platform, we will not be a voice in the solution."

Abdulkadir Kurtul, president of KASIAD, echoed Ertugrul's message. He stated that Turkey and Kahramanmaras are in strong position in cotton and reminded delegates that, in the past, Turkey had a very important position in cotton production. "We really do not have any problem with consumption," he said. "This shows our leadership in the textile business. But our country should be at a balance between production and consumption. The cotton is a strategic product to Turkey, therefore production problems must be solved if the voice of Turkish cotton producers is to be heard."

ICA President, Cliff White and ICA Managing Director, Kai Hughes went on to deliver presentations that focused on the trading rules, contract agreements, arbitration and dispute resolution. During the open forum session, they took questions from the floor and reinforced the message that ICA Rules are not designed to limit trade - they serve as a guideline for the trade and are the basis of contract agreements.

Speaking after the summit Cliff White said: "We want to pass on our sincere thanks to everybody at KASIAD and to Ertugrul Tanriverdi for organising the event. We are very pleased with the number of delegates that attended and sincerely hope that they decide to join us. The overriding objective of the ICA is to promote contract sanctity through good trading practices. We can only truly achieve this through communication, education and engagement with participants across the industry spectrum and that is what this summit has been all about."

International Cotton Association (ICA)


Must ReadView All

GMAC urges Cambodia to push fabric-forward rule in RCEP

Apparel/Garments | On 17th Oct 2017

GMAC urges Cambodia to push fabric-forward rule in RCEP

Representatives from the Garment Manufacturers Association of...

Alibaba to invest $15 billion in DAMO Academy for research

Textiles | On 17th Oct 2017

Alibaba to invest $15 billion in DAMO Academy for research

Alibaba will invest $15 billion over the next several years in its...

Pressure on  Indian textiles exporters to ease by Q3: ICRA

Textiles | On 17th Oct 2017

Pressure on Indian textiles exporters to ease by Q3: ICRA

Pressures on the profit and debt levels of textiles exporters is...

Interviews View All

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

Victor Chao
Esmetex

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

Headhonchos
Indian textile value chain

'One nation, one tax' is a great concept

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Nitesh Mittal

Kusumgar Corporates is a leading manufacturer of technical textiles and...

Johan Berlin
InvestKonsult Sweden AB

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

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Anisha Chaudhari
Threads & Shirts

Threads & Shirts is a freshly-tailored concept providing men/women a...

Pranav Mishra
Huemn

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

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

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

October 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
77.3%
No
13.6%
Skip
9.1%

Total Votes: 66

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
60.6%
No
28.8%
Skip
10.6%

Total Votes: 66

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
84.8%
No
10.6%
Skip
4.5%

Total Votes: 66

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
74.2%
No
12.1%
Skip
13.6%

Total Votes: 66


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search