West Africa cotton 4 countries must be repositioned to enhance trade growth

The WTO has said: "The four West African cotton producers - Burkina Faso, the Republic of Benin, the Republic of Chad and the Republic of Mali - will need to reposition themselves in emerging cotton importing countries such as Bangladesh and Vietnam if they want to increase trade. market".

Roberto Azevedo, Secretary-General of the World Trade Organization (WTO), praised Marley’s leadership on the cotton issue and helped to promote trade in the four countries at the Cotton-4 ministerial meeting in the Republic of Mali last week. "Significant and encouraging" achievements. These include the elimination of export subsidies, more transparent trade review procedures, and tax-free access to cotton exports from the Least Developed Countries (LDCs).

Azevedo said: "The cotton issue has always been regarded by WTO members as an indicator of willingness to complete negotiations, and has achieved a true focus on development results, especially for low-developing countries," but added: "We are facing a series of challenges." .

Azevedo has raised the need to increase productivity and adapt to market development.

Now, we are seeing a real change in the rankings of cotton importing countries, since cotton imports in mainland China continue to fall at a fairly large rate. Therefore, C-4 countries must reposition their market position in emerging cotton importing countries, such as Bangladesh and Vietnam.

Azevedo also stressed the need to continue efforts to reform the global trading system so that the four countries can compete on the international market under fair conditions.

"The WTO also plays an important role. I think we have achieved a lot of achievements - I believe we can do more in the near future. The agricultural issues including cotton will have an important role in this discussion. status".

In July 2016, African cotton-producing countries called for more measures to address some of the distortions caused by the government's support for the cotton trade program in the African continent.

Ambassador Thiam Diallo of the Republic of Mali said on behalf of the C4 countries that the four countries' economies depend mainly on cotton exports as their lifeline. The domestic support plans of major producers are continuing to exert downward pressure on global cotton prices for farmers in C4 countries. Caused adverse effects.

Warm and stylish! This Parker coat will be fine in winter (Photos)

Censer Fire Mat

Censer Fire Mat,Incense Burner Mat,Smoker Gasket,Fire Mat

Wuxi WenqiIndustry and Trade CO.,LTD. , https://www.wenqiIndustry.com

Posted on