365 articles in Policy & Trade · Clear
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CHINA: China Supports Fragile Textile Industry
The Chinese Ministry of Industry and Information Technology just issued a document to solicit public opinions to help stranded textile industry. The document includes proposals from the National Devel...
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SRI LANKA: Trade Minister, NCTO Chief Discuss Garment Exports
Minister of Export Development and International Trade, Professor G.L. Peiris met in Washington D.C. with Mr. Cass Johnson, President of the National Council of Textile Organizations of the United Sta...
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CHINA: China Ministry Urges Slower Yuan Rise to Help Textile Firms
China should slow the pace of yuan appreciation and increase export tax rebates to help a struggling domestic textile industry. The government should take measures to appropriately slow the yuan appre...
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PAKISTAN: Up-Coming Budget to Decide the Destiny of Textile Industry
For the past few years, the ailing textile industry of Pakistan is going through a rough phase due to hike in the prices of raw material, energy among others; however standing strong on the face of ha...
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PAKISTAN: Government Urged to Cut Import Duty on Polyester Staple Fibre
The All Pakistan Textile Mills Association (APTMA) has strongly urged the government to reduce import duty on polyester staple fibre from the current level of 6.5 percent to zero and provide level pla...
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TURKEY: Ecota to Take Effect In 2009
Turkish State Minister Kursad Tuzmen said that ECOTA (Economic Cooperation Organization Trade Agreement) would take effect on January 1st, 2009. Tuzmen told AA that ECOTA was the first preferential tr...
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A Cooperation Agreement between the Young Businessmen Association and the Turkish Association of Textile
The Egyptian Young Businessmen Association (EYBA) has signed a cooperation agreement with the Turkish Association of Manufacturers of Textile Machines and Accessories (TAMTMA). The agreement was signe...
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TURKEY: Turkish State Minister On Export Figures Of 2008
A Turkish state minister said that Turkey’s exports in the first 4 months of 2008 exceeded the country’s total exports in 2002 and 2003. State Minister Kursad Tuzmen said Turkey’s exports reached 47 b...
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TURKEY: Turkish Textile Industry is looking Eastward to Boost Sector in the Face of Stiff Competition from China
Turkey’s textile industry is looking to develop beyond its Istanbul heartland to shore up its global market share in the face of growing competition from China, a leading sector official told Reuters....
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INDIA: Textiles Industry to Attract Rs1500 bn Investment by 2010
The last four years have proved to be a defining period for the Indian textiles industry. In the face of testing global conditions, the Ministry of Textiles, has stayed the course by introducing timel...
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INDIA: India’s Government Came up with New Initiatives for Textile Sector
In a bid to attract investments worth Rs 1,50,000 crore by 2010 into the textiles sector, the government will soon unveil a host of new initiatives including setting up of a centre of excellence for t...
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EGYPT: Because of the Decline in the US dollar Exchange Rate; Textile Export Councils Demand Subsidy Increase
The export councils for ready made clothes, soft furnishings, yarn and textile, as well as the textile industries chamber of the Industries Federation submitted two memorandums to the ministers of Tra...
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EGYPT: Manufacturers Support of the Government is Essential for Developing the Textile Sector
Manufacturers stated that support of the government is essential for developing and enhancing the textile sector. Hamadah El-Qaliouby, Head of the Chamber of Textile Industries, of the Industries Fede...
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PAKISTAN: Textile Exports Need Special Attention
The new government will have to rely on textile exports to narrow down the burgeoning trade deficit, at least in the short term, the country’s apex trade body says in a report. The previous trade stra...
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USA: Perry Ellis Enters Licensing pact with Smart Apparel U.S. for Tailored Clothing
SAN FRANCISCO (Thomson Financial) - Perry Ellis International Inc. said Thursday it has entered into a licensing agreement with Youngor Ltd's Smart Apparel U.S. subsidiary for tailored clothing. Finan...
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Establishing a National Authority for Yarn, Textile, and Clothes (EGYPT)
Chamber of Textile Industries presented a comprehensive study on the establishment of a national authority for textile in order to increase the export size of clothing and textile sector to USD 10 bil...
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Economy Minister Paints Mixed Picture (Istanbul)
Turkey's real gross domestic product (GDP) can grow by 6 percent a year in the next 10 years, the state minister for economy said in Istanbul yesterday. Speaking at the Financial Times Turkey Capital...
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Government Seizes Illegally Imported Apparels (Mexico)
The Attorney Generals office along with office of Public Security and government of Guanajuato confiscated nearly 120 tons of garments. The garments were seized on the presumption that they were illeg...
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Textile Sector Receives Rs176 bn Under EFS
The State Bank of Pakistan and commercial banks have provided a sum of Rs 273 billion under the Export Refinance Scheme (EFS) to all eligible export-oriented sectors during the first three quarters of...
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Latest Regulations Regarding Textile Trade
U.S. Customs: DR-CAFTA Preferential Rule Modifications are Imminent. - U.S. CITA: Textile Safeguard Measure on Imports of Certain Cotton Socks from Honduras. - U.S. I.T.A.: Implementation of Grants to...