ICA elects Salman as President

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FE Team | Published: October 23, 2017 23:28:30

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Mirza Salman Ispahani, Chairman, M. M. Ispahani Ltd has been elected as President (2017-2018) of International Cotton Association (ICA) recently in Singapore.
It is the first time that any spinner/ buyer has been elected as the President of ICA, says a press statement.
The ICA is the world's leading international cotton trade association and arbitral body. The ICA was formed over 175 years ago in 1841 in Liverpool, UK, when a group of cotton brokers created a set of bylaws and rules to help regulate the sale and purchase of raw cotton.
About 90 per cent of world's cotton is traded internationally under ICA Bylaws & Rules. The ICA now has more than 550 members and its membership spans all corners of the globe and represents all sectors of the supply chain.
The ICA operates on a not-for-profit basis and, in addition to its Bylaws &Rules; it offers a range of services - arbitration, training, trade and networking events, plus cotton testing and research via ICA Bremen.