Cotton publication highlighting joint CFC-ICAC cooperation released
AMSTERDAM--A new special edition publication produced jointly by the Common Fund and International Cotton Advisory Committee (ICAC) has been released. The publication, "Cooperation for Development: Results and Impacts of Joint ICAC and CFC Activities" highlights the excellent cooperation and good relations between CFC and ICAC, the designated international commodity body for cotton.
The special issue documents the achievements and impacts that have resulted from the collaboration between ICAC and the respective project executing agencies, as facilitated by commodity development financing by the Common Fund. The publication provides succinct descriptions of the overall cotton portfolio of 14 regular and 12 fast-track projects and substantive insight on the impact that the completed projects have accomplished in the different member-countries.
While the project outcomes may be assessed differently depending on objectives of the respective interventions, it is clearly evident that the project activities have resulted, directly or indirectly, in substantive benefits for the member-countries involved, especially in applied research, crop protection methods, productivity improvements with related benefit-cost increases, increased marketing perspectives and better utilization of waste and by-products.
Managing Director, Amb. Mchumo said, "As an impact document for both organizations, the publication is a very comprehensive and an essential resource that confirms the Fund's contribution to the cotton sector and industry; and as a commodity-specific reflection of the Common Fund's overall mandate in commodity development." [END/2012]