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WTO Members Sign Landmark Deal on IT Product Tariff Cuts
Dec 18, 2015Over 50 World Trade Organization (WTO) members have reached agreement on phasing out tariffs on imports of 201 information technology products. The deal was announced at a WTO ministerial conference in the Kenyan capital of Nairobi. The ...
Tags: IT Product, Tariff Cuts, printers, cartridges
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Vietnam and EU Have Agreed in Principle on a Trade and Investment Agreement
Aug 6, 2015Vietnam and EU have agreed in principle on a trade and investment agreement, the most ambitious and comprehensive free trade agreement (FTA) that the EU has ever concluded with a developing country, the European Commission said on its ...
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US to Extend The Benefit Under The GPS to Developing Countries
Aug 6, 2015All GSP eligible merchandise including textiles will benefit from the US government's announcement of extending the benefit under the Generalized System of Preferences (GSP) to developing countries. In a notice issued on 28 July, the ...
Tags: textiles, GSP programme
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Malaysia Are Set to Benefit as The MTFTA
Jul 20, 2015Textile and apparel exports from the Southeast Asian nation of Malaysia are set to benefit as the Malaysia-Turkey Free Trade Agreement (MTFTA) will come into effect on August 1, 2015, according to Malaysian media reports. The MTFTA ...
Tags: textile manufacture, apparel and clothing, MTFTA, apparel exports
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Philippines Earned US $2.095 Billion Through Exports of Yarn, Fabric and Apparel in 2014
Feb 15, 2015The exports of textiles and apparel from Philippines crossed US$ 2 billion mark last year, according to the data from the industry and trade statistics department, under the Philippine Statistics Authority. Philippines earned US$ ...
Tags: Textile, Garment Exports
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a Survey by The Economist Reveals That Asian Women Are Increasingly Empowered Financially
Dec 23, 2014The European Parliament has completed the last stage in the process to grant the Philippines Generalised System of Preferences Plus (GSP+) that will provide duty free entry to the EU for some of the most important Philippine exports, ...
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Canada and Korea Have Concluded Negotiations for a Bilateral Free Trade Agreement
Mar 17, 2014Canada and the Republic of Korea have concluded negotiations for a bilateral free trade agreement (FTA) that will significantly boost trade and investment ties between the two countries. The negotiations were concluded during the visit of ...
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Apparel Firms in Honduras Are Gearing up for The Soon to Be Implemented Free FTA
Feb 19, 2014Apparel firms in Honduras are gearing up for the soon to be implemented Free Trade Agreement (FTA) with Canada. The Canada-Honduras Free Trade Agreement was signed on November 5, 2013, and it would come into force once it is approved ...
Tags: Honduran Apparel, Apparel
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Pakistan Will Enjoy Concessions on 6,000 Tariff Lines Due to Grant of GSP+ Status by EU
Dec 18, 2013Pakistan will enjoy concessions on 6,000 tariff lines, against the current 150 tariff lines, due to the grant of the Generalized System of Preferences Plus (GSP+) status by the European Union (EU), which takes effect from January 1, 2014, ...
Tags: tariff lines, Duty
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The Government of India Has Raised Interest Subventionfor Credit Obtained by Exporters
Aug 2, 2013The Government of India has raised the rate of interest subvention for credit obtained by exporters from the present 2 percent to 3 percent, in view of persistent demand to both increase the rate of subvention and also to widen the ...
Tags: Indian Govt, Subvention Rate
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Latin American Neighbours Panama and Colombia Concluded Negotiations for a FTA
Jun 9, 2013Last 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
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FIEO Would Provide Some Leeway to The Msme Export Sector
May 29, 2013Mr. M Rafeeque Ahmed, President, Federation of Indian Export Organisations (FIEO) while commenting on the expansion in the interest-subvention scheme including 6 tariff lines for textiles including made-ups and 101 tariff lines in case of ...
Tags: Aid Textiles, FIEO
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The Textile and Apparel Manufacturers of Korea Are Expecting a Boost in Exports to Turkey
May 2, 2013The textile and apparel manufacturers of Korea are expecting a boost in exports to Turkey, as the Free Trade Agreement (FTA) between the two countries is scheduled to take effect from May 1, 2013. Korea and Turkey had started ...
Tags: Korean Textile, Textile
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Anand Sharma Revises The Target to at Least USD 100 Billion by 2015 with Africa
Mar 20, 2013The Union Minister for Commerce, Industry & Textiles Shri Anand Sharma conveyed to the Trade Ministers of various African countries that despite the gloomy global environment, where there has been a contraction of trade, and with ...
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No New CVD Has Been Imposed in The Indian Union Budget 2013-14 on Rmg Imports Into India
Mar 13, 2013With reference to reports appearing in sections of the Bangladeshi media, this is to clarify that no new Countervailing Duty (CVD) has been imposed in the Indian Union Budget 2013-14 on Ready Made Garment (RMG) imports into India. The CVD ...
Tags: Indian Embassy, CVD, Bangla Apparel Exports