Feedback Here

fbook  tweeter  linkin YouTube
Global contents also translated in Chinese

Pak prez calls upon cotton growing countries to focus on industry

Pakistan president Mamnoon Hussain has called upon cotton growing countries to collectively address issues and problems related to cotton industry and strengthen global cotton economy. He said this while addressing delegates of 75th Plenary Meeting of International Cotton Advisory Committee (ICAC).The country’s minister for commerce Engineer Khurram Dastgir Khan and Sikandar Hayat Khan Bosan, minister for National Food Security and Research were present on the occasion.

Hussain said volatility of cotton prices in the international market, technological gap between developed and developing countries, pricing issues in textile industry and complex matters such as branding in the trading world were some of the challenges being faced by cotton industry and called for joint efforts to address these problems. The president said cotton industry has great significance for Pakistan as 60 per cent of country's foreign exchange depended on this sector and it was also a step for providing employment to skilled and unskilled workforce.

He said Pakistan had made unprecedented progress in areas of cotton production and industry over the past few decades and was looking forward to cooperate with the committee for growth and promotion of cotton industry for the benefit of growers and manufacturers. The president noted that during the last few decades extraordinary changes had occurred in cotton crop and related industries, adding that new varieties of cotton were introduced which has changed techniques from cotton cultivation to production. It was imperative to understand and adapt to these changes and prepare ourselves for future innovations, he emphasized.

 
LATEST TOP NEWS
 


 
MOST POPULAR NEWS
VF Logo