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Cotton standards meeting fails to make headway
By Nadeem Saeed
MULTAN, March 5:
Ginners expressed their willingness to cooperate
in introducing cotton standards in the country
during a meeting of the executive committee of
Pakistan Cotton Standard Institute held on
Thursday.
Trading Corporation of Pakistan chief and
vice-chairman of the PCSI board of directors,
Masood Alsam Rizvi presided over the meeting,
which was attended by all the stakeholders of
cotton market except the grower member.
Sources present in the meeting told Dawn that
Pakistan Cotton Ginners Association chairman Seth
Jaith Anand dispelled the impression that the
ginners did not want to press cotton bales as per
the standards laid down in the Cotton
Standardization Ordinance, 2002.
He said the cotton standards would rather prove
beneficial to the ginning sector as with them in
exercise the ginners would get better price of
their output.
However, he was sceptical about the willingness of
buyers to accept PCSI guarantee as a seal of
quality assurance. He reportedly asserted that the
buyer could only encourage cotton standardization
by paying premium price on bales pressed according
to the quality standards.
The sources said that the meeting remained by and
large inconclusive as the All Pakistan Textile
Mills Association had sent a new official to
represent it instead of their representative who
represented the millers in the previous PCSI
executive committee and board meetings, while
grower member Mujeeb Arjumand was absent.
It was, therefore, decided that the executive
committee would meet again within a week in order
to finalize its proposals regarding the PCSI
functioning and its by-laws in accordance with the
CSO 2002.
It may be added here that there was a difference
of opinion among the cotton market stakeholders
over the role of PCSI in streamlining cotton
standards in the country.
Growers and ginners view the PCSI role as a
regulatory body to enforce cotton standards in the
country, while millers and exporters say the PCSI
seal will not be a binding onto them to accept it
as a mark of quality until the institute
establishes its credibility with the passage of
time.
While some people also want a greater role of
private firms to establish their seal as symbol of
quality, the PCSI just regulates the functioning
of these firms working to ensure cotton standards
in the country.
DAWN |