New Zealand: wool exports expected to be enhanced via free trading with Russia
Textile industry of New Zealand hopes that a free trade pact with Russia is expected to strengthen its wool exports. The New Zealand government would begin official negotiations regarding the trade pact with Russia and its intended associates in the customs union, since 2011.
The textile sector of the country is optimistic about restoring the business, with a focus on finished goods in general and woollen items in particular. If the country successfully inks this trade pact, it would help the textile sector by enabling it to overcome some of the price barriers.
Source: www.fibre2fashion.com
From the Egytex news archive, first published on 23 November 2010. Figures and names are as reported at the time.