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Economic operators to confront experiences of cotton sector, Secretary General

13
Oct '09
Ekmeleddin Ihsanoglu, Secretary General of the OIC
In his message to the Workshop on Trade and Investment in the Cotton Sector in OIC Member States, held in Cairo, Arab Republic of Egypt, from 12-13 October 2009, the Secretary General pointed out that this Workshop along with the Specialized Exhibition on cotton and textile are pragmatic steps in the direction of ensuring that the cotton and textile sectors are restored to their previous prime position.

He mentioned that cotton farming was once popular in a number of member countries of the Organisation as an employer of rural labor and at the same time providing raw materials for local industries. And the collapse of this sector can be traceable to paucity of investment and inadequate research and development, such that eroded the competitiveness of this local product.

The Secretary General urged this Workshop to review what is responsible for the present decay in the industry and how to overcome the current challenges. Closely related to the problems of the textile sector is the need to integrate the various processes in the industry, from the raw material stage to the intermediate and the final stages. He mentioned that there is the crucial problem of quality control, intellectual property rights, appropriate technology and the dumping imported fabrics in the market of member-countries.

In this context, He stated that the OIC has been interfacing with funding agencies to ensure that all the projects already approved by the Project Committee are properly funded.

The objectives of this workshop were to examine the situation of the sector with a view to recovering the potentialities for a lasting trade development; to create meeting opportunities between economic operators so as to enable them to establish direct relations between them; to enable different operators of this sector (exporters, importers, bankers, carriers, administrations, international organizations) to exchange their views and to confront their experiences; to develop industrial partnership between developing countries in cotton industry sector (spinning, weaving, clothing industry, etc.).

In compliance with the resolution of the 24th Session of the COMCEC, the Islamic Centre for Development of Trade (ICDT) and the General Organisation for International Exhibitions and Fairs (GOIEF) in collaboration with the International Islamic Trade Finance Corporation (ITFC) organized a Workshop on "Trade and Investment in the Cotton Sector in OIC Member States" in Cairo on 12th -13th October 2009 in concomitance with the 12th Trade Fair of the OIC Member States.

Organisation of The Islamic Conference


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