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Related Keywords: Agriculture, bilateral trade, Board of Investment, business to business meetings, energry, established in Pakistan, FTA, invest in Pakistan textile, Pakistan Turkey Busines Forum, private investors from Turkey, Turkish investors, Turkish SEZ

At the Pakistan-Turkey Business Forum attended by the prime ministers of both countries, the Board of Investment on Thursday announced that a ‘Turkish Exclusive Special Economic Zone’ would be established in Pakistan.

Turkish PM Ahmet Davutoglu said that the investors from his country can invest in Pakistan’s textile, energy, transportation, agriculture and other sectors.

Related Keywords: Autocoro 8 machine, autonomous spinning position, independent production unit, QuickStarter facilitates, Saurer Schlafhorst, single drive technology, spinnning mills, textile machinery manufacturer

Saurer Schlafhorst, the leading textile machinery manufacturer’s latest Autocoro 8 machine due to its single drive technology to easy from the burden of managerial tasks to spinning mills. According to the company reports, the machines with smart, autonomous spinning positions can be integrated far more easily into operating processes than conventional rotor spinning machines.

Related Keywords: bottlenecks hampering exports, GSP olus status, implementation of conventions, knitwear exports, Pakistan Hosiery Manufacturers Association, refusing orders, sales tax redund, uncertain energy scenario

About 1200 organized units in Karachi, Lahore, Faisalabad and Sialkot were operating the country and the number has been same for the last 15 years ago. While, the export of knitted garments had shown an ever growing trend over the past many years but inconsistent government policies by successive governments not only increased the cost of doing business but also handicapped the country’s knitwear sector to exploit its real export potential.

Related Keywords: compendium of home furnishings market, distributors, Export Promotion Council for Handicrafts, Floorings and Textiles Show, Home Expo India, importers, Indian Furnishings, Indian Furniture and Accessories Show, Indian Houseware and Decoratives Show, international buyers, lastest trend, traditional to avant garde, wholesalers

Home Expo India is considered to be a compendium of the home furnishings market and offers visitors insights into the latest trends, “from classics to contemporary, traditional to avant garde, simple to baroque.”

Organized by the Export Promotion Council for Handicrafts, Home Expo India offers a broad spectrum of home products from furniture and textiles to housewares and bath accessories across three shows – the Indian Houseware & Decoratives Show, the Indian Furnishings, Floorings & Textiles Show and the Indian Furniture & Accessories Show.

Related Keywords: ASEm summit, Bangladesh textile industry, Expo Milan, importer of Italian textile machinery, Italian textile firms, relocating their production

Bangladesh is the seventh largest importer of Italian textile machinery. Italy is home to the second-largest Bangladeshi community in Europe, which numbers nearly 128,000 people. Their remittances are an important source of foreign revenue for Bangladesh.

In addition, there is increasing awareness of the unexploited opportunities in other sectors of Bangladesh's economy, like those related to a sustainable urbanization process, renewable energies and food processing, food security and sustainable development in agriculture.

Related Keywords: cotton consumption, cotton prices, cotton stocks, Karachi Cotton Association, Pakistan textile industry, Spinners

Strong buying from spinners and some exporter moved up cotton prices by Rs50 to Rs100 on Thursday at the Pakistan cotton market. Many millers
rushed to replenish their stocks at current price level in the wake of higher cotton consumption figures released by the ginners’ body.

Much of the activity, however, remained confined to quality lint. As the current season is drawing to a close, quality lint is in shortage, hence expensive.

Related Keywords: ACTIF, Africa sourcing and fashion week, business and sourcing destination, changing perceptions, cotton fiber, domestic and international buyers, EATIH, event to raise awareness of Africa, fashion designer exposition, home textile, improving African Cotton, Origin Africa, ready apparel industries, textile and apparel trade, TFEA

ORIGIN AFRICA 2015 is both an event and an on-going effort dedicated to improving African Cotton, Textile and Apparel trade. The event is profiled to raise the awareness of Africa as a place to do business, sourcing destination, changing perceptions, and to make the value chain in the continent more visible as a source of supply of cotton, textile and apparel products for the domestic, regional and international buyers.

Related Keywords: Balkan states, businessmen in Turkish industry, Confederation of business women, substantial investments in textiles, textile sector, Turkish business communit

Turkish business community, united around the Confederation of business women and businessmen in Turkish industry has vowed substantial investments in textiles, energy, tourism, food industry in Macedonia, Bulgaria, Albania, Croatia and other Balkan countries in 2015, said Vice President of the Confederation Aljatin Bayraktar.

The Chair of the Confederation, Emine Atasoy, took part in talks with representatives from the Balkan states to discuss opportunities for facilitating Turkish investors and improving economic conditions.

Related Keywords: garment factory, HCM City, IZ, tax incentives, unfavorable traffic conditions, Vietnam

Some IZs in HCM City located far from arterial traffic routes finding it hard to call for investments. According to latest report by Cushman & Wakefield, a real estate service provider, there are 18 operational IZs in HCM City, covering a total area of 3,625 hectares, 62 percent of which, or 2,260 hectares, is leasable.

According to an Asian investor instead of setting up a factory in Binh Thuan province decided to go to an IZ in Binh Phuoc province which gave very competitive offers.

Related Keywords: capacity building in textile sector, economic turnaround of Pakistan, GSP Plus status, Pakistan textile sector, second fastest growing economy, Turkey

Turkey can play an important role in economic turnaround of Pakistan being the second fastest growing economy of the world after China. The textile sector has traditionally been the biggest sector of the Pakistan economy. Studies and surveys confirm that its contribution in total exports are almost 60 percent and it engages almost 38 percent of manufacturing labour force to acquire more than 46 percent share in overall manufacturing. In the context of having won the GSP Plus status, the need of technology improvement and capacity building in textile sector of Pakistan has become necessary.