The International Cotton Association (ICA) has announced a training workshop for the cotton importers of Pakistan related the ICA bylaws and rules in the month of October. The announcement was made by Mr Alex Hsu, President ICA during his visit to the All Pakistan Textile Mills Association (APTMA). He said the objective of organizing the seminar would be to apprise the APTMA members about the cotton trade, challenges and possible solutions vis a vis issues being faced by Pakistani cotton buyers in the hands of suppliers.
He was accompanied by Mr. Bill Kingdon, Managing Director, and Mr. Carl Peltzer, Director, ICA. The visit of the Association’s delegation is taking place under its outreach to Bangladesh and Pakistan initiative. Both the sides have agreed to enhance cooperation on the cotton needs of the textile industry in Pakistan.
Mr Hsu said addressed the issues raised by the APTMA members relating to membership, dispute resolution and delayed shipments etc. Foreign delegates updated the APTMA members about the best global practices in the cotton and textile trade being adopted by various countries to meet the new challenges.
He said; “We are looking forward to strengthening our ties regionally and building relationships with an important textile country in South Asia, having significant ICA membership and playing major international role in yarn and textile manufacturing.
The visit of the Association’s delegation is taking place under its outreach to Pakistan initiative. The delegation included Mr. Bill Kingdon, Managing Director, and Mr. Carl Peltzer, Director, ICA.
Chairman APTMA Mr. Abdul Rahim Nasir welcomed the delegation along with Mr. Hamid Zaman, Chairman Northern Zone, Mr. Kamran Arshad, Senior Vice Chairman, Â and Secretary General Mr. Raza Baqir. Mr Alex Hsu announced to hold a training seminar in Pakistan regarding the ICA rules in the month of October. He said the objective of organizing the seminar would be to apprise the APTMA members about the cotton trade, challenges and possible solutions vis a vis issues being faced by Pakistani cotton buyers in the hands of suppliers.
He said; “We are looking forward to strengthening our ties regionally and building relationships with an important textile country in South Asia, having significant ICA membership and playing major international role in yarn and textile manufacturing.
The ICA delegation addressed the issues raised by the APTMA members relating to membership, dispute resolution and delayed shipments etc. Foreign delegates updated the APTMA members about the best global practices in the cotton and textile trade being adopted by various countries to meet the new challenges.
The purpose of the visit is to learn at first-hand how current market conditions, logistic challenges and retail demands are affecting cotton trade with reference to Pakistan, he said.
Chairman APTMA Rahim Nasir offered the APTMA premises to hold the ICA training session. He also asked the ICA to set up its office at the APTMA premises for better coordination keeping in mind the growing demand of cotton in the years ahead.
