| Date: |
14-04-2010 |
| Subject: |
China to import 100,000 tons Indian cotton |
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The China Federation of Supply and Marketing Cooperatives sent a three-member delegation, coinciding with the visit of the Chinese Vice-Premier Hui Liangyu's visit to India.
During the visit, the three-member team met representatives of Indian cotton companies and signed an agreement to import 100,000 tons of cotton in the current year.
Amongst other things, they also discussed issues on expanding areas of cooperation and inked other agreements linked to supply and imports of cotton linter, cotton seed and cotton yarn.
They also discussed possibilities of establishing joint ventures in India, finding purchasing agents for each other and promoting and expanding sales of Indian cotton in China.
Source : fibre2fashion.com
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