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Home / Features / Dubai Cotton Centre

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Dubai Cotton Centre

The Dubai Cotton Centre (DCC) capitalises on Dubai’s established international trading infrastructure with the primary aim of assisting the cotton trading community globally. Being a wholly owned entity of the Dubai Multi Commodities Centre (DMCC) - a strategic initiative of the Government of Dubai - DCC is set to establish the Emirate as a key link in the global supply chain. The Management Ahmed Bin Sulayem, Executive Chairman, DMCC and Chairman DCC Ahmed Bin Sulayem is the Executive Chairman of the Dubai Multi Commodities Centre, a strategic initiative of the Government of Dubai to create a dynamic commodities market place in the region. Mr. Bin Sulayem drives DMCC towards the realisation of its strategic vision and is responsible for leading the organisation’s strategies. As Chairman of DCC, Ahmed is closely involved with its establishment and leads its growth strategies. Ashok Das, Executive Director for Soft Commodities - DMCC and Director, DCC DCC has been established under the Soft Commodities Division at DMCC. As Executive Director - Soft Commodities, Ashok is a member of the management team of DMCC with the mandate to grow the trade in soft commodities through Dubai. In addition, he focuses on facilitating the growth of commodity trade financing in the region by promoting usage of the Global Multi Commodities Receipt (GMR) product suite, an innovative financing tool with a global footprint. As Director of DCC, Ashok is involved with every aspect of the centre and its future plans and initiatives. Krishnan Ramamurthi, Director - Dubai Cotton Centre Krishnan Ramamurthi is responsible for all day to day activities related to the DCC including the implementation of the Uzbekistan initiative. Prior to joining DMCC, Ram worked within senior management roles in several garment manufacturing and textile companies in Southeast Asia, and was the CEO of the garment manufacturing company, he founded in Uzbekistan. Unique Value Proposition Dubai, with its strategic location between Central and Eastern Asia, along with its excellent infrastructure, port and storage facilities and being an acclaimed re-export hub, is well placed to provide a trade corridor for Cotton from Central Asia. Benefits to the industry Real time quotes: DCC will offer a significant avenue of price monitoring for the cotton industry of real time quotes offered on various delivery terms and its list of international Ports of destinations. Third party inspection: DCC has tied up with globally renowned independent organisations like Wakefield Inspections Services to offer unbiased, third party inspection options both from export, in transit and import destinations Real time price fixation: DCC offers Real- Time price fixation of the full quantities of the Cotton offered on its online portal. Trade Promotion: DCC will enable the growth of Uzbek cotton trade by providing assistance in accessing new markets Storage facilities: DCC will provide favourable bulk storage space off Jebel Ali port in Dubai, for cotton shipments routed through the Emirate and purchased via DCC. Innovative trade financing options: DCC will facilitate innovative commodity-backed trade financing options for cotton inventory stored in Dubai, through its indigenously developed Global Multi Commodities Receipt.

Website: http://www.dmcc.ae/en/soft-commodities/cotton/the-dubai-cotton-centre.html

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