Home / Agricultural Economy / COTTON LONGS FOR THE DAYS WHEN USED TO BE ‘WHITE GOLD’…

COTTON LONGS FOR THE DAYS WHEN USED TO BE ‘WHITE GOLD’…

Press release…

Stakeholders of the textile and apparel industry, having produced value added over 60 billion dollars in 2019, are not happy with the implemented policies related to cotton as the main raw material of these sectors.

Across the Anatolia, which is an ancient cotton geography, 43 percent of the 1.6 million tons of cotton, needed by the Turkish textile and apparel industries, could be produced in 2019, while cotton imports worth 1 billion 571 million dollars were made.

In terms of the importance for the Turkish economy, cotton is a strategic product for Turkey and the current issues regarding ‘White gold’ were put on the table by stakeholders on 7 October, the World Cotton Day.

Within the scope of this day, an online session titled, “Facts About Cotton” was held by Izmir Commodity Exchange (İTB), Aegean Exporters’ Associations (EİB), Söke Commodity Exchange (STB), Aegean Clothing Manufacturers’ Association (EGSD) and Better Cotton Practices Association (IPUD).

Sectoral authorities regarding cotton, while drawing attention to the vulnerabilities of the policy applications in cotton, Ministry of Agriculture and Forestry Plant Production General Director Dr. Mehmet Hasdemir and Ministry of Commerce Deputy General Director for Exports, Musa Demir, expressed the government’s supports for cotton.

About İsmail Uğural

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