China and Australia signed a long-awaited Free Trade Agreement (FTA) on June 17 in Canberra, Australia. The agreement ensures 85 percent of all Australian exports enter China tariff-free and 95 percent when the deal is in full force. ...
Tags: Free Trade Agreement, FTA
Vietnam is going full steam to boost its economy. After the recent decision to establish joint chamber of commerce with Germany, Vietnam has turned its attention to Italy. Italian enterprises in the garment, leather and footwear, wood and ...
Tags: Apparel, Accessories
Apparel Export Promotion Council chairman Virender Uppal has said there has been a vacuum in a policy support in the readymade garment (RMG) manufacturing export industry, according to a statement by AEPC. Uppal has requested the ...
Tags: Apparel Export, Apparel
The US Fashion Industry Association (USFIA) and the Foreign Trade Association (FTA) have reiterated the importance of concluding Transatlantic Trade & Investment Partnership (TTIP) negotiations as the ninth round of talks got underway in ...
Tags: Fashion Industry, fashion sector
The impact of the Trans-Pacific Partnership (TPP) agreement on China and non-TPP major Asian manufacturers South Korea and Taiwan will be minimal. However, other non-TPP Asian nations (particularly textile manufacturers) and small domestic ...
Tags: Trans-Pacific Partnership, textile
China is looking forward to a China-Australia free trade agreement being signed this year, President Xi Jinping said when meeting with Australian Governor-General Peter Cosgrove on Monday. "The two sides should work to sign and approve ...
Considering that the Thailand textile sector begins from petrochemicals and extends to fashion and the Vietnam garment industry has to import 85 per cent of its raw material requirements, cooperation between the two countries could help ...
Tags: Textile Sector, textile
Tirupur Exporters’ Association (TEA) has requested Prime Minister Narendra Modi to expedite the process for finalising a free trade agreement (FTA) with the European Union. A requisition letter has been sent to the Prime ...
Tags: Tirupur Exporters, FTA with EU, garment
Turkey has imposed an additional 50 per cent customs duty on Pakistani handmade carpets, which can have tumultuous impact, since Turkey is the second biggest importer of Pakistani handmade carpets. The imposition of the duty comes ...
Tags: Handmade Carpets, Carpets
Hyundai Motor, South Korea's Number One automaker, is expected to speed up a strategy of "localization " by expanding its production capacity in China after China-South Korea free trade agreement (FTA) is implemented. China and South ...
Chinese leaders and economists have said China must up its game to boost export growth against the backdrop of an anemic global economic recovery. SIX-PERCENT GROWTH Commerce Minister Gao Hucheng said on Saturday that China is confident ...
Tags: economic growth, export growth
The yet to be finalised free trade agreement (FTA) with Turkey will increase textile exports from Pakistan, commerce minister Khurram Dastgir Khan has said. In a statement, the minister said the government would hold extensive ...
Tags: Textile Exports, Textile
The textile and garment sector of Vietnam is aiming at total exports of US$ 28 billion to $28.5 billion in 2015, according to Vietnam National Textile and Garment Group (Vinatex). In 2014, Vietnam’s textile and garment industry ...
Tags: garment industry, raw materials, Apparel
The textile industry of the Southern Indian state of Tamil Nadu aspires to climb up the textile value chain and realise its true potential for which it is depending upon the central government, said an official of a trade body. D Prabhu, ...
Taiwan's 2015 machinery exports to see rough going. In Jan.-Nov.2014, Taiwan shipped US$19 billion of machinery, up only 6.4% year on year, with the island's machine-tool industry having exported US$3.43 billion of equipment, growing at ...
Tags: machine-tool industry, high-performance machines, Manufacturing