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Cashew trade- uniform customs and practices

The Federation of Indian Cashew Industry is a national organization that aims to improve the cashew industry and trade worldwide through the implementation of uniform customs and practices. With the support of regional associations, manufacturers, and other stakeholders, the federation is working towards standardization, contract agreements, arbitration, and quality analysis in raw cashew trade. Suggestions and collaboration from interested agencies and individuals are welcomed.

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Cashew trade- uniform customs and practices

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  1. Cashew trade-uniform customs and practices

  2. Federation of Indian Cashew Industry – An introduction • National organisation of cashew processors, exporters and allied industries in India • Sponsored by 12 regional associations across all 8 processing states of India • One year old organisation- registered under Indian Companies Act. • Strength of 12 associations, 200 manufacturers and over 100 associate concerns all across the country. • The true voice of the Indian Cashew industry

  3. Objectives….. • Broad objective of working for the betterment of cashew industry and trade worldwide in general and that of India in particular.. • With the motto of bringing the global cashew trade and industry to work in co ordination for mutual benefit and betterment. • Kernel trade is more organised compared to RCN trade and hence the emphasis is more on uniform customs and practices of RCN trade.

  4. Over the last 6 months……. • Introducing specifications and standards for Raw cashew nuts • Introducing a standard and uniform contract for raw cashew trade. • Introducing arbitration clause in RCN cashew trade • tie up with Indian Council of Arbitration • Introducing standard procedure for RCN sampling and quality analysing

  5. C0-ordination with other Agencies • Coordination with other agencies worldwide for implementation of uniform customs and practices in cashew trade. • Effective co ordination with stake holders in global cashew trade and industry • Work out a Mechanism for price fixation in co ordination with stake holders in international trade and industry.

  6. Suggestions • Suggestions welcome from interested agencies and individuals. • Mail suggestions to cashewfederation@gmail.com • Visit www.fici.co.in

  7. Put hands together and work in coordination for mutual benefit &Betterment of global cashew Industry and trade

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