365 articles in Policy & Trade · Clear
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Apparel manufacturers seek 5pc regulatory duty on yarn exports
LAHORE: The textile sector stakeholders have realised the need to evolve a joint strategy to save the industry from collapse as yarn shortage has forced several value-added manufacturers to close down...
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Indian ban on cotton export affects Pakistani importers
The Indian government has not only banned the export of cotton but also imposed Rs2,500 per ton export surcharge on the export of Indian cotton to save their local textile industry. This ban has serio...
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Eng. Rashid: Increasing Egyptian yarn Exports to Turkey
Under the government plan to double it's exports to 200 billion pounds until year 2013 and increase the competitiveness in the global markets .
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Indian Cotton Organization Protests Cotton Shipment Ban
A ban on cotton shipments from India, the world’s second-largest grower and exporter, may affect as many as 2.5 million bales of the commodity, an industry group said.
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U.S and Brazil to establish fund to help Brazilian cotton growers
WASHINGTON -- The United States and Brazil have agreed to establish a fund of $147.3 million per year for technical assistance and capacity building in Brazil's cotton sector in an effort to resolve a...
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Textile sector seeks 5 percent rebate on yarn purchase
KARACHI: A round table conference of value added textile sector has recommended that the government should give local industry a three to five per cent rebate on yarn purchased from the local supplier...
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Cotton export duty to check rising prices
The government is hoping a Rs 2,500-per-tonne duty on raw cotton exports will neutralise rising prices in the domestic market while helping to salvage India’s presence in the international market. The...
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Oriental Weavers to pay cash, share dividends
Shareholders in Egyptian carpetmaker Oriental Weavers approved a dividend of 3 Egyptian pounds per share and one free share for every 4.8467 owned, the bourse said on Monday.
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‘Textile industry performs responsibly, sincerely’
The ministry of textile industry has clarified that it has been performing its responsibilities under the rules of business with full objectivity and sincerity for the promotion and development of the...
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No let-up in textile sector’s woes
Textile entrepreneurs from spinning to value chain are in a dilemma as even after cap on yarn export, the availability of yarn is still a major issue due to shortage of domestic cotton while import at...
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Export of cotton yarn cut to 35m kgs per month
ISLAMABAD: The Ministry of Commerce has amended its earlier notification of banning cotton yarn export by restricting the quantity from 50 to 35 million kgs per month for all types of commodity for th...
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Cut in yarn export quota to halt production: APTMA
LAHORE: Terming further reduction in yarn export quota as the last nail in the coffin of the textile industry, the spinners have warned that the entire textile sector would crumble as henceforth yarn...
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Rashid during his meeting with export councils and industrial chambers
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Rashid in his meeting with the heads of the export councils: Government is ready to provide support to the various productive sectors.
Eng. Rashid Mohamed Rashid (Minister of Trade and Industry) has discussed in his meeting with heads of export councils the plan that was prepared by the ministry to double the Egyptian exports reachin...
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Minister of Textiles to lead trade delegation to France & Germany
Thiru. Dayanidhi Maran, Minister of Textiles, is leading a high-level trade delegation to France and Germany from February 01, to February 04, 2010 to attract foreign investment in textiles sector in...
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Subsidized Imported Cotton threats the domestic production
Eng. Abd El Aziz Amer- vice chairman of the committee- has warned from the tendency of importing foreign cotton from abroad, where numerically, it refers to importing of about 2 million Kantars by pri...
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U.S. Senate okays bill to triple aid to Pakistan
The Senate on Wednesday approved tripling U.S. aid to Pakistan to about $1.5 billion a year for each of the next five years, part of an American plan to fight extremism with economic development.
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India: Cheap credit, tax exemption for garment exporters advocated
Federation of Indian Chamber of Commerce and Industry (FICCI) has called for cheap export credit and income tax exemption for export earnings for India’s garments exporters.
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Pakistan: Five year textile plan soon to be announced
A five-year textile policy featuring a textile investment fund, human research development and public private partnership schemes will be unveiled soon, said Federal minister for textile Rana Farooq S...
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Pakistan's New textile policy to be approved shortly
Federal Minister for Textile Industry, Rana Mohammad Farooq Saeed Khan has said that new textile policy would be presented to Prime Minister Syed Yousuf Raza Gilani within next two days for its approv...