1945

International cotton associations

Participants in international trade in many countries are organized into national cotton associations, many with an international character. The membership of some associations includes both domestic and foreign organizations and individuals. Cotton associations serve the interests of cotton producers, buyers, sellers and consumers by providing trading rules and mechanisms to resolve trade disputes and by serving as arbitration authorities. Cotton associations promote and facilitate cotton trade in a fair and orderly fashion for the benefit of a sound world cotton economy. In addition to maintaining trading rules, cotton associations provide other important services, such as technical and quality arbitration, traditional and HVI classing, forums for international conferences and discussions of cotton affairs, training seminars around the world, market information and statistics.

Related Subject(s): International Trade and Finance
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