Newsletter 2009/06/02 - Cotton Club
HAMBURG (Own report) - With millions in government "development aid"financing, German textile and commercial companies are forging apurchasers' cartel for African cotton in competition with their USrivals. They seek to take control of several hundreds of thousands ofWest and South African cotton producers, who will have to committhemselves to produce cotton exclusively in accordance with specificguidelines established by the cartel. Planting gene manipulated cottonis not excluded. The declared objective of this initiative is to outdothe main cotton exporter, the USA and enhance the competitiveness ofthe German textile business. This new cotton cartel is not only beingsupported by state institutions, such as the millions from the German"development aid," it is also being promoted by NGOs such as the"German Agro Action" and the Nature and Biodiversity ConservationUnion (NABU).
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http://www.german-foreign-policy.com/en/fulltext/56251
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