News Tags

Related Keywords: East Asian nation, economic partnership agreement, footware, garment, IJEPA, Indonesia to expand bilateral ties, Indonesian import, investment slowed down, revaluate the execution, surpass exports, Textile

Indonesia to expand bilateral ties with the East Asian nation plans to urge Japan to review the economic partnership agreement. The Indonesia-Japan economic partnership agreement (IJ-EPA) was implemented by both countries since 2008 and after a five-year period, both parties have been given the chance to re-evaluate the execution.

Indonesia claims it has benefited less than expected from the partnership and has requested a review several times, including the latest effort made during the term of former trade minister Muhammad Lutfi.

Related Keywords: cotton import quota, crude oil price, market price, raw cotton and lint, Textile Association India, textile business, Vidarbha cotton growers, WTO agreement

Chinese demand is an important factor for determining market prices of raw cotton and lint. Due to a fall in Chinese demand, cotton prices have touched the minimum support price of Rs4050 a quintal in India, bringing tough times for Vidarbha farmers.

According to the trade representatives attending the Textile Association-India (TAI) conference in Nagpur, Vidarbha cotton growers likely to face another year of recession as China, the major consumer of Indian cotton, plans to keep imports of the commodity under control.

Related Keywords: better cotton, cotton crop, cotton waste, cotton yarn, exporter of raw cotton, Ginners, ginning units, high carbon footprint, increase sustainable cotton production, Pakistan cotton grower, significant for Pakistan economy, water intensive crop

Pakistan, the fifth largest global cotton grower and third largest exporter of raw cotton, is among the major growers of cotton in the world. Today, Pakistan is one of the largest exporters of cotton yarn and fourth largest consumer of cotton, which makes cotton crop significant for Pakistan’s economy. As environmental experts regard high carbon footprint of cotton a significant threat to the environment, as it’s a water intensive crop. Measures are being introduced to reduce high carbon footprint of cotton.

Related Keywords: Ambassador of Romania Emilian, boost the bilateral trade, cotton, increase volume, Lahore Chamber of Commerce and Industry, manmade staple fibers, Pakistans exports to Romania, Textile articles

Ambassador of Romania Emilian ION speacking at the Lahore Chamber of Commerce & Industry on Saturday stated that Pakistan and Romania can enhance their cooperation in various fields. He urged the business community to evolve an effective and sector-specific strategy in collaboration with Romanian businessmen for increasing the volume of two-way trade.

He also has stressed the need for strengthening trade and economic relations between the two countries.

Related Keywords: China, foreign textile and garment investors, national IZ development program, textile and dyeing, Vietnam ideal destination, waste water treatment

Vietnam has turn to become an ideal destination for foreign textile & garment investors, especially the Chinese. Pham Chi Lan, a renowned economist warned the local authorities that they should think of restricting the number of textile and garment projects. If there are too many projects in the field and the investors do not fulfill the commitments on environmental protection, a heavy burden will be put on local authorities’ and local residents’ shoulders.

It is very costly to deal with environmental problems, which are unbearable to the local authorities.

Related Keywords: German Machinery Manufacturers Association, German sewing and garment technology, German textile machinery industry, Heimtextil, tapping Asean markets, Techtextil, Texprocess

Germany's textile machinery industry shows interest in tapping the huge Asean markets which are attractive because of the huge business potential inherent in the region besides focusing on China and India due to the sheer size of these two markets, said Elgar Straub, managing director of the German Machinery Manufacturers' Association.

Related Keywords: contemporary textiles, Devi Foundation, India's handcrafted textiles, Indian textiles, new conversation, textile design, using traditional techniques

The Devi Art Foundation’s upcoming exhibition 'FRACTURES’: Indian Textiles, New Conversations will be an attempt to showcase India’s rainbow diversity of handcrafted textiles. In an age when much of textile design has become mechanized, it will look to prove that weaves done by hand have a personality, an intimacy and a soul that machines will never be able to replicate.

Related Keywords: countrywide blockade, displaying a wide range of products, DITF 2015, drop in sales and orders, leather & leather goods, low inflow of visitors, readymade garment brand, textiles and garments

Dhaka International Trade Fair (DITF) 2015 witnessed low number of visitors putting the traders in dire straits. This year the inflow of visitors into the fair came down to over 70 percent due to the nationwide blockade coupled with strikes.

The participants said sales and orders had dropped by around 70 per cent this year comparing to that of last year for a low turnout of visitors.

Most of the participants expressed their utter frustration on Friday as their sales and orders from consumers fell short of expectations, resulting in huge losses every day.

Related Keywords: China, cotton, cotton produce, high yielding varities, irrigation scheme, Kenya exports, Kenyan cotton production, putting in place measure, set up cottage industry, to meet local demand

Cotton production of Kenya stood at approximately 30,000 bales in 2014 an increase from 2013, when production stood at 22,000 bales due to the effects of drought, was informed Agriculture Fisheries and Food Authority (AFFA) Interim Head of Fibre Crops Directorate Anthony Muriithi in Nairobi on Wednesday.

Related Keywords: called meeting of stakeholder, consultation on textile policy, drafted policy, encouraging investment, Pakistan Textile Ministry, product diversification, tax-free import of machinery, Textile parks, trainings and improved factory floor management, value-addition, various issues relating to energy

The Textile Ministry of Pakistan has called stakeholder for another meeting on Monday in order to have consultation with them on the textile policy. Ministry would be presenting the main points of their drafted policy to the members and members would have a chance to present their point of view on any given matter.

According to APTMA officials, the stakeholders are expected to discuss various issues relating to energy, product diversification, encouraging investment, trainings and improved factory floor management.