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textiles | garments


Morocco to review Turkey trade deal over expanding deficit, sources say
Morocco is planning to review its trade agreement with Turkey and push for more Turkish investment to offset an expanding trade deficit driven largely by Turkish fabric imports.
Kenyans worry a US duty-free trade deal might end and expose them to Trump’s tariffs
NAIROBI, Kenya (AP) — It’s crunch time for the maker of Levi’s and Wrangler jeans in Kenya’s capital, Nairobi. Hundreds of sewing machines whir in a crowded, air-conditioned factory. On another floor, workers pack clothes destined for the U.S. market.
Uzbekistan wins $700 million arbitration case against Turkish textile company
All claims made by Türkiye’s Bursel were dismissed. Moreover, the claimants were ordered to reimburse Uzbekistan for its arbitration expenses.
Kwara garment to leverage African free trade agreement
Kwara Garment Factory in Nigeria plans are underway to leverage the African Continental Free Trade Agreement, and explore export opportunities across Africa.
The garment dilemma in Indonesia-Bangladesh trade talks
Jakarta is committed to promoting free trade through PTA, but it is also keen to protect some domestic industries, such as garment manufacturing, from low-cost import competition due to their importance to the economy.
India needs to actively pursue FTAs to push apparel exports, suggests RBI
India needs to actively pursue free-trade agreements (FTAs) with major export destinations like the EU and the US to push apparel shipments amid increasing competition from Bangladesh and Cambodia.
Botswana launches revised AGOA strategy
The revised African Growth and Opportunity Act (AGOA) National Response Strategy for Botswana remains one of the mechanisms towards economic diversification and SME sustainable development
The US apparel and footwear industry is urging Congress to renew the African Growth and Opportunity Act this year
AGOA doesn’t expire until 2025, but the industry looks for certainty to the region in the face of the pandemic and upcoming US trade talks with Kenya.
Support for Kingdom in Russia FTA
Prime Minister Hun Sen on Monday said Russian Ambassador to Cambodia Dmitry Tsvetkov has pledged to support Cambodia as it moves towards a free trade agreement (FTA) with the federation.
China Pakistan FTA-2: a new regional hub for cotton garments In the offing?
Pakistan’s government targets raising the country’s textile and clothing exports from USD 13.5 billion in 2018 to USD 25 billion by 2025.
US refuses to restore trade deal for India
While US President Donald Trump is expected to visit India, trade ties between the two countries remain frosty. India’s hope of reclaiming the benefits under the US Generalized System of Preferences scheme has been quashed.
RCEP offers $125 billion market for domestic companies
Even though the government has decided to stay out of the world’s largest trade block RCEP, it offers a market potential of USD 125 billion if domestic firms improve competitiveness, as per a World Trade Centre study.
Chinese textile companies bank on BRI for growth
As participating countries are expected to sign the RCEP this year, China’s textile industry must accelerate the adjustment of products, capacity and trade structure to better integrate regional development in the next stage.
Enhanced market access to US just pie in the sky
Enhanced access for products of Pakistan’s export interest, particularly textile and clothing, to the United States market has been a long-standing demand of both the government and private sector.
Textiles industry delegation submits agenda to Irani
Delegation of FICCI Textiles Committee met Smriti Zubin Irani, Minister for Textiles and Women and Child Development recently and impressed upon her to launch a special mission for synthetic fibre and textiles value chain to make Indian industry competitive in the global trade which is predominantly done in the man-made fibre (MMF)-based items.
Enter into FTA with Russia, knitwear players urge Centre
Knitwear industrialists have urged the central government to enter into a free trade agreement with Russia, saying the former Soviet Union had given green signal to enter into such a treaty with Bangladesh.
Philippines, US to discuss free trade agreement in November
The agreement, if inked, will be the second such US engagement in with an ASEAN-member nation, the first being with Singapore.
Despite agreements India’s textile trade has underperformed: Trade Advisor, MoT
Despite Free Trade Agreements (FTAs) and Preferential Trade Agreements (PTAs), India’s textile trade has not been performing well, said Aditi Das Rout, Trade Advisor, Ministry of Textiles.
Mexico adds rule of origin exception into Colombia FTA
Mexico has implemented a temporary exception to the rules of origin for textiles and apparel in its free trade agreement with Colombia.
Textile and garment industry banks hope on possible US-PH FTA
The textile and garment industry, now far from its glory days, will have to bank on a possible free trade deal with the United States in a bid to revive its struggling businesses.