The WTO commemorates on 7 October the first anniversary of World Cotton Day, an occasion to shine a spotlight on the sector’s importance to the livelihoods of millions of farmers, processors and traders around the world, particularly in Africa.
The Cotton-4 group (Benin, Burkina Faso, Chad and Mali) initiated the cotton sectoral initiative at the WTO with the aim of improving the global trade rules as they relate to cotton, and to shed light on the many linkages among trade, cotton and development.
World Cotton Day aims to highlight the numerous gains enabled by international trade in cotton, including: selling to consumers abroad; increasing foreign exchange earnings; attracting investment in local businesses; employing more workers; and fostering growth and technology transfer in the wider economy.
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