Ninety Turkish cotton professionals recently completed the International Cotton Association’s (ICA) Raw Cotton Contracting training session in Kahramanmaras, Turkey.
Specially developed for people working in the raw cotton industry, the training is designed to promote good trading practices and safer trading. The session covered major topics related to raw cotton contracting and the application of ICA Bylaws and Rules.
Derek Tanner, an ICA arbitrator and past president of the association, conducted the training.
“Turkey is becoming one of the major players in importing cotton, the majority of which is traded under ICA Rules,” said Tanner. “That is why we wanted to deliver the training here.
“ICA Bylaws and Rules are pivotal to cotton contracting, by supporting good trading practices and forming the basis of a substantial majority of international cotton contracts,” he added. “We were pleased to receive such a nice welcome and hospitality, and – based on the comments we received – we know that the delegates found the workshop rewarding.”
As part of its ongoing training program, ICA will host other training courses in various global locations during 2015, including sessions on avoiding disputes, the cotton agency and arbitration. Additional details are available on the ICA website.
Source – International Cotton Association