The procedure of Duty Tax Remission for Exports (DTRE) in Pakistan is complicated to the extent that only few of the value-added textile sector companies benefit from the scheme to increase the country’s export volumes. The ...
Tags: Apparel Exports, Textile Exports
The Foreign Buyers Association of the Philippines (FOBAP) is seeking financial help from the Government to fund three projects aimed at revival of the domestic garment industry. According to FOBAP President Robert M. Young, through ...
Tags: Garment Sector, Apparel
Four years after its implementation, the Earned Import Allowance Program (EIAP) is not providing enough incentives to help boost the competitiveness of Dominican apparel exports in the U.S. market, as intended, reports the U.S. ...
Tags: Apparel Exports
Although, the economic crisis in the traditional export markets such as the EU and the US coupled with the recent issues in Bangladesh, which is one of the largest garment supplier in the world, has affected the global apparel industry, the ...
Tags: Apparel Industry, economic crisis
According to a RnR Market Research report, the retail market in Brazil is expected to grow at a CAGR of 8.82% from 2012-17 and Indian retail market forecast to grow at 13.23% CAGR for the same period. New Zealand retail sales are set to ...
Tags: Retail Market, Apparel
Textile industry of Nicaragua may lose tariff preferences in the US, which are up for renewal in 2014, as s senior US official has said that such an extension of tariff preferences is not necessary. The textile industry of Nicaragua ...
Several trade incentives available to the African countries including, African Growth and Opportunity Act (AGOA), the Cotonou Agreement with the European Union, and the Southern African Customs Union (SACU) agreement, help in the revival of ...
The countries that have signed CAFTA-DR free trade agreement may lose about 100,000 jobs in the textile industry if the Trans-Pacific Partnership (TPP) agreement is signed in its current form, which allows Vietnam to import raw materials ...
Tags: CAFTA-DR Textile Sector, Textile
Eastern African countries including, Kenya and Tanzania, are focusing on cotton sector for the economic revival of the region and they have introduced several policies and incentives to improve cotton production in the region. Speaking to ...
Tags: Cotton, Economic Revival
From July 19, 2013, Myanmar, previously Burma, would benefit once again from a special, advantageous trade arrangement with the EU, according to a statement from the European Commission in Brussels. Myanmar would be brought back under ...
Tags: European market, Apparel
Thanks to very low labor costs, Bangladesh succeeded in the past decade in becoming the second-largest supplier to international markets after China. In 2012, the country exported apparel worth US$20 billion. About 50 percent is exported to ...
Tags: Bangladesh, Apparel
The European Union has assured Bangladesh that it would not follow the US on the continuation of the Generalized System of Preferences (GSP) facilities, according to the Bangladesh Garment Manufacturers and Exporters Association (BGMEA). ...
Tags: GSP Facility, Apparel
The All Pakistan Textile Mills Association (APTMA) has sought duty-free access to the US market for finished items. If the duty-free facility is provided, Pakistan can increase its exports by US$ 10 billion through conversion of yarn ...
Tags: APTMA, US, Duty-Free Access
The exports of readymade garments, pashmina and woolen carpets from Nepal have shown double-digit decline during the first ten months of the current fiscal year, which began on July 16, 2012, according to Nepal’s central bank – ...
Last week, Latin American neighbours Panama and Colombia concluded negotiations for a free trade agreement (FTA), after seven rounds of negotiations, which began in 2010. The negotiations concluded after the Colombian Government made ...
Tags: Apparel Exports, FTA