Six licensed cotton brokers of Naseem Usman Panel have been duly elected unopposed as members of the Broker Advisory Committee of Karachi Cotton Association for the years 2018-19. Muhammad Naseem Usman, Chairman, Girdhari Lal Assudomal, Vice Chairman; Muhammad Aamir Naseem, Secretary; Taqi Abbas, Joint Secretary; Muhammad Ali Taufique, Treasurer; Chander Lal, Public Relations.
The Chairman of the Broker Advisory committee has said on behalf of the panel that they would like to thank all 320 KCA brokers for their trust on them. They would continue with their effort for resumption of hedge trading under the KCA platform, which would be beneficial for all stakeholders of the cotton & textile industry. They would also continue to look after the interests of the Brokers Committee.
He urged upon government, steps should be taken increase the cotton production on the war footing basis in the coming years to meet the rising requirement of the local Textile Industry, and also consider activating the research organistaion departments accordingly. Special emphasis should be laid on quantity and quality of cotton equally as Pakistan in lacking behind in both these areas.-PR
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