Twelve comparable organizations world-wide form the Committee for International Co-operation between Cotton Associations (CICCA).
The large international membership facilitates the fulfilment of important functions, i.e. representing the interests of the members on national and international levels, fostering the cotton business and offering a neutral and reliable basis for the solution of disputes.
Cotton is produced and traded in more than 70 countries with different social and legal systems. Quality and price of the commodity can vary from season to season. Neutral international trading rules balancing in a fair way the interests of seller and buyer are essential for the business.
Therefore the International Rules of the Bremen Cotton Exchange are an important basis for the cotton contracts concluded as well domestically and internationally.
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