Home / Knowledge / News / Textiles / EU joins International Cotton Advisory Committee
EU joins International Cotton Advisory Committee
02
Jun '17
The European Union has become a member of the International Cotton Advisory Committee (ICAC), a development which is of strategic significance to the world cotton industry and the 150 million people involved in cotton production, marketing and processing. Some of the most important cotton trade and research institutions are headquartered in the EU.

Following the vote of the European Parliament, the Council of the European Union approved the accession of the EU to the ICAC on May 18, 2017, the final step needed to complete the accession process. Ambassador Pierre Clive Agius of Malta (Malta currently holding the rotating presidency of the EU) formally presented the Instrument of Accession to minister (trade) Ali Tahir of the Embassy of Pakistan and ranking member of the ICAC Standing Committee on May 24, 2017. The Standing Committee confirmed the membership of the EU at its 549th Meeting.

ICAC is the international commodity body representing cotton and cotton textiles. Formed in 1939, ICAC is one of the oldest organisations within the architecture of intergovernmental bodies. The mission of the ICAC is to assist governments in fostering a healthy world cotton economy.

In the current season, the EU is the 11th largest producer and 6th largest exporter of cotton, and the EU is the largest market for textiles in the world. The European Union itself, and many individual countries and companies within the EU, are significant providers of cotton-specific development assistance in recipient countries.

The European Commissioner for International Cooperation and Development, Neven Mimica, commented: "The EU's accession to the International Cotton Advisory Committee is an important step, coming only one month after we presented a set of focused actions to make value chains in the garment sector more sustainable. As a member, we will continue to work for a sustainable and inclusive cotton sector, ensuring decent jobs for all. Cotton is important both to the EU's economy and our development cooperation with cotton producing countries." (SV)

Fibre2Fashion News Desk – India


Must ReadView All

CEMATEX president Fritz P Mayer speaking at the press conference on the opening day of ITMA 2019 in Barcelona

Textiles | On 20th Jun 2019

ITMA 2019 sets record with biggest number of exhibitors

ITMA 2019, which opened today in Barcelona, has set a new milestone...

Pic: GOV.UK

Textiles | On 20th Jun 2019

UK, S Korea sign joint statement for trade continuity

The United Kingdom and South Korea signed a statement recently noting ...

Bangla RMG accessories industry seeks lower corporate tax

Apparel/Garments | On 20th Jun 2019

Bangla RMG accessories industry seeks lower corporate tax

The Bangladesh Garments Accessories and Packaging Manufacturers and...

Interviews View All

Top executives, Textile industry

Top executives
Textile industry

Defining MSMEs on the basis of turnover makes it simpler to do business

Office bearers, Textile industry

Office bearers
Textile industry

There might be negative impact on garment exports

Veronique Lee, Modavanti

Veronique Lee
Modavanti

‘Sustainable fashion is trending upwards, slowly but surely, as people...

Arup Chakraborty,

Arup Chakraborty

Mirrorsize is a US-based start-up that provides artificial intelligence...

Mala Alwani,

Mala Alwani

<div>Delhi-based fast fashion womenswear brand, Besiva, aims to bridge the ...

Mario Ploner,

Mario Ploner

<div>Italian company Tecnomeccanica Biellese specialises in planning and...

Johann-Philipp Dilo, Dilo Group

Johann-Philipp Dilo
Dilo Group

German company Dilo Group is one of the leading equipment suppliers of...

Mark Brill, Birmingham City University (BCU)

Mark Brill
Birmingham City University (BCU)

<div>A technological breakthrough could see people getting messages about...

Wolfgang Plasser, Lenzing AG

Wolfgang Plasser
Lenzing AG

The Lenzing Group is an international company headquartered in Austria...

Varsha Wadhwa, VW

Varsha Wadhwa
VW

Coming from a family that ran a business of jute and linen mills since...

Aneeth Arora, Péro

Aneeth Arora
Péro

The Woolmark Company has partnered with handmade fashion label Péro and...

Rupa Sood and Sharan Apparao, Nayaab

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

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

Leave your Comments


June 2019

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

news category


Related Categories:

Advanced Search