Launched in February 2024 following the WTO-FIFA Memorandum of Understanding (MoU) signed in 2022, the “Partenariat pour le Coton” initiative brings together public and private sector partners to support the C4+ countries in advancing along the cotton value chain and securing greater benefits for these nations.
The consultations focused on building upon the baseline study conducted by the United Nations Industrial Development Organization (UNIDO) and the International Trade Centre (ITC) and implementing its recommendations on developing the cotton sector at the national level. The consultations have helped to ensure that national strategies align with the broader objectives of the “Partenariat pour le Coton.”
Experts from the public and private sectors, as well as key stakeholders across the cotton value chain, took part in the consultations. The African Export-Import Bank (Afreximbank), the International Labour Organization (ILO) and the Enhanced Integrated Framework (EIF) provided financial support, while UNIDO and Gherzi, a textile management consulting company, offered technical expertise, presenting key findings from the baseline study and advising on concrete steps to transform national cotton sectors.
Government trade officials reiterated their commitment to fostering an environment conducive to reforms and investment in value-added cotton production. They also emphasized the need for enhanced public-private sector cooperation and explored ways to ensure the sustainable development of the cotton industry.
Private sector representatives, particularly from financial institutions, reaffirmed their support for value addition in the African cotton industry and pledged increased investment in the cotton-to-textile value chain. Participants also highlighted the need for stronger technical assistance to address capacity gaps identified in the baseline study.
Looking ahead, the outcomes of each national consultation will be compiled into individual country reports, contributing to a comprehensive regional report. This report will serve as a foundation for attracting significant investment in C4+ countries.
Participants hailed the successful conclusion of the consultation process and reiterated the importance of helping C4+ countries maximize the benefits of their cotton industries through the “Partenariat pour le Coton” initiative and other international partnerships.
The partners of the “Partenariat pour le Coton” initiative will reconvene at the World Cotton Day 2024 event, scheduled for 6-8 October in Cotonou, Benin.
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