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Related Keywords: AGOA, bilateral trade, clothing and textiel sector, duty free access, improve exp0rt performance, passed by US Congress, sub-Saharan African counties and US

Agoa was passed by the US Congress in May 2000 to facilitate trade between sub-Saharan African countries and the US. It was intended to assist African countries to improve their export performance, enhance economic development and reduce poverty. It provides duty-free access to the US market for 6 400 products from about 40 countries.

During the week of March 2 to 6, South African delegation were in the US to make the case for the African Growth and Opportunity Act (Agoa) to be extended by a further 15 years.

Related Keywords: bilateral trade, boost textile industry of Yorkshire, Britain Mexico trade link, double digit growth, Fox Brothers, largest inward investor major British brands, largest market for goods exports, Lovat and Bradford-based William Halstead, range of garments and accessories

Strong trade link between Britain and Mexico likely to boost up textile industry of Yorkshire, as, trade between the UK and Mexico is enjoying double-digit growth, with bilateral trade in 2013 totaling £3.3bn, an increase of 15 percent on the year before, according to UK Trade & Investment.

Mexico is the UK’s fourth largest market for goods exports, and the UK is Mexico’s fifth largest inward investor. Mexico is the UK’s second largest trading partner in Latin America.

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: bilateral trade, import textile, Japan ambassador to Pakistan, Japan largest textile importer, Japanese business community, low ratio of taxes, prefer Sri Lanka and India, visit RCCI

Japan ambassador to Pakistan Hiroshi Inomata during his visit on Monday to the Rawalpindi Chamber of Commerce and Industry (RCCI) said Japan is the world largest importer of textile but due to high rate of import duty in Pakistan Japan is not prioritizing Pakistan for textile imports to Japan as neighboring countries of Pakistan but it prefers Sri Lanka and India as they have low ratio of taxes.

Related Keywords: Bangladeshi knitwear product, bilateral trade, Foreign secretary, Japan and Bangladesh, Japanese Deputy Foreign Minister, kinitwear exports, largest development partner, Md Shahidul Haque, Shinsuke Sugiyama

During a high-level meeting between Japan and Bangladesh held in Dhaka led by Foreign Secretary Md. Shahidul Haque and Japan's Deputy Foreign Minister Shinsuke Sugiyama their respective delegations has decided to further relax the rules of origin for Bangladeshi knitwear products in its market. The government representatives of both countries expressed their support for the plan.

Md. Shahidul Haque said that Japan in principle has agreed to relax the rules of origin for Bangladesh. The modalities on it will be worked out now. This is a big announcement for Bangladesh.

Related Keywords: bilateral trade, business climate, largest trading partner, Pakistan, Pakistan total export, public sector enterprise, Textile, trade regime, UAE

The UAE is Pakistan’s largest trading partner. Trade between the two countries can expand further if there is improvement in the business climate, the trade regime, and public sector enterprises to increase foreign and domestic private investment and boost economic growth, said Ashraf Wathra, Governor of State Bank of Pakistan at the conference held in Dubai by IMF and Pakistan Minister of Finance.

The bilateral trade between UAE and Pakistan stood at $9 billion (Dh33.03 billion) in 2014 and there is a vast potential to boost trade and business relations between the two countries.

Related Keywords: attract foreign investment, attract Thai entrepreneurs, Bangladesh, bilateral trade, cheap labour, cost competitive, duty and quote free market, exploit business potential, export woven, grab local and global market, incentive package, knitted products, MCCI, promising sectors for investment, strategic location, textile and garment sector

Bangladesh has numerous promising sectors for investment due to its cost competitiveness, strategic location and the incentive packages offered by the government. This has attracted Thai entrepreneurs to invest in the country and exploit its colossal business potential for which Thai entrepreneurs are in talks with some of the Bangladeshi businessmen.

Chokedee Kaewsang, deputy secretary general of Thailand Board of Investment said that as part of the efforts, they held a discussion with the leaders of the Metropolitan Chamber of Commerce and Industry (MCCI) in Dhaka.

Related Keywords: Bangladesh small traders, bilateral trade, explore market, foreign exchange earner, Philippines-Bangladesh Business Council launched, ready-made garments, the textile industry, trade opportunities in Philippines, world leading RMG exporter

Philippines-Bangladesh Business Council(PBBC) has been launched under the support of the Philippines Chamber of Commerce and Industry (PCCI), Department of Trade and Industry and the Bangladesh embassy. The launch took place during a six-member Bangladesh business delegation led by Rashed Maksud Khan, president of Bangladesh-Philippines Chamber of Commerce and Industry(BPCCI), visited Manila Jan. 18-22 to explore market and trade opportunities in Philippines.

Related Keywords: bilateral trade, Chenab processing unit, Faisalabad Expo, FCCi, GSP Plus status, invest in Pakistan, local business community, Pakistan, Textile production, to boost trade, to play dynamic role, touch Pound 3 billion, United Kingdom

United Kingdom High Commissioner Philip Barton addressing the business community at Faisalabad Chamber of Commerce and Industry (FCCI) in Faisalabad on Monday emphasized that the local business community need to play dynamic role to augment Pak-UK bilateral trade to 3 billion pounds by end of 2015.

Mr Barton said that more than 100 British companies were already working in Pakistan, adding that he would strive to convince others to come and invest in Pakistan.

He also expressed satisfaction over the increase in Pakistani exports to European Union after the grant of GSP Plus status.

Related Keywords: bilateral trade, clothing accessories, Export category, fabrics, increase trade volume, Kyrgyztan, Memorandum of understanding, Textiles, Turkey, Turkish Statistical Authority, yarn

With the aim to increase trade volume to $1 billion the two countries Turkey and Kyrgyztan have entered into a memorandum of understanding on Friday. Two nations share common historical, linguistic and cultural ties.

Turkish Deputy Prime Minister Numan Kurtulmus speaking at the Eighth Turkey-Kyrgyzstan Joint Economic Commission, held in Bishkek, the capital of Kyrgyzstan stated that the agreement will serve as a road map to increasing bilateral trade volume to $1 billion between the two countries.