Karachi Cotton Association
The Karachi Cotton Association is the premier body of the cotton trade in the country and is officially recognized by the Government of Pakistan. It was setup in 1933 to establish just and equitable principles for the cotton trade, to set standards of cotton and provide all necessary facilities for domestic and export trade in cotton. It has been made obligatory for all members of the Association to deal with each other through licensed cotton brokers Cotton is the most important produce of the country and its contribution in the national economy is outstanding. It is also a major foreign exchange earner for the country. Pakistan cottons are recognized the world over as finest cottons for spinning of coarse and medium count yarns. These have excellent strength, desirable micronaire, good uniformity ratio and compare favorably with cottons in the comparable staple range. Despite the fact that private sector was earlier disallowed export of cotton, it continued to take all possible steps in expanding the markets for Pakistan cotton.