Crime Today News
CAI President Atul Ganatra and ASCA Chair Cliff White at MoU signing ceremony on Saturday in Mumbai
The Cotton Association of India and the Australian Cotton Shippers Association have signed a Memorandum of Understanding (MoU), envisaging mutual co-operation, exchange of ideas and information relating to cotton production, trade trends, global pricing and market outlook relevant to both countires.
The MoU was signed on Saturday by the CAI President, Atul Ganatra and the ACSA Chair Cliff White. An Australian trade delegation led by ACSA chair, Cliff White and CEO Jules Willis is currently in India. Other members of the delegation include Shay Dhareula, Ecom Commodities, Joel Hatherell, Olam Agri and Theodare Immanuel, Director, Austrade.
The bilateral MoU is expected to help strengthen trade between the two countries and improve market access and reciprocal support in assisting dialogue supporting the interests of their cotton industries.
CAI President Atul S. Ganatra laid emphasis on the advantages of the Australia-India Economic Cooperation and Trade Agreement which came into force on 29th December 2022, allowing duty-free access to Australian cotton into India with a specific quota of 51000 tonnes per year. Ganatra also exhorted the need for greater cooperation and further strengthening of business relations between the cotton industries of both countries.
The ACSA Chair Cliff White made a presentation on the Australian cotton scenario at the event attended by the Indian farmers, ginners, brokers and other delegates.
Published on April 6, 2025
📰 Crime Today News is proudly sponsored by DRYFRUIT & CO – A Brand by eFabby Global LLC
Design & Developed by Yes Mom Hosting
