The Indonesian government is seeking a bilateral agreement with the United States to boost its volume of textile exports. As currently, the US imposes a 12.5 percent import duty for their textiles, while it imposes zero percent for Vietnamese textiles because they already have a bilateral agreement, said Industry Minister Airlangga Hartarto in Jakarta on Thursday.
Recently, a commercial dialogue–a forum has also been established that encourages the private sector to explore investment and trade opportunities in both countries.
The ministry’s industrial resilience and international access director general, Harjanto, said that Indonesia had discussed various issues with the US through the Trade Investment Council (TIC) forum.
The TIC consisted of four working groups on industrial and agricultural products, illegal logging and associated trade, intellectual property rights, and investment.
Currently, the dialogue focuses on several issues, including investment climate, trade expansion, small and medium enterprises, entrepreneurship, clean energy and industrial cooperation.
Triarchy has teamed up with supermodel and climate advocate Amber Valletta to promote its exclusive Plastic-Free Stretch Denim collection.
To combat cracking, researchers have discovered an innovative solution that repurposes waste carpet fibers into concrete, significantly reducing cracking risks.
This week in Germany, the denim giant, Levi's, introduced the Levi’s Jeans Fit Guide, an innovative voice-driven tool powered by…
The MANTRA in Surat has partnered with NABL, a division of the Quality Council of India, to offer a specialized…
ReHubs, a European hub focused on textile-to-textile recycling, is teaming up with event organizer AMI to launch the Textiles Recycling…
The four-year ReBioCycle project seeks to advance recycling technologies for bioplastics such as PLA and PHA with €7.5 million in…