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Related Keywords: cotton, Forex, in foreign exchange, LCCI, MAN, market price, materials harvested, NTMA, payment demanded, produced domestically, raw material for production, sold at prevailing international market prices, textile manufacturer, Textile raw materials in Nigeria

Textile raw materials in Nigeria are being sold at prevailing international market prices and payment being demanded in foreign exchange even as the materials are being harvested and produced domestically.

The Federal Government’s efforts at diversifying the economy and reducing dependence on importation are being undermined by value-chain operators, farmers and providers of key raw materials who would rather export raw commodities for foreign exchange than sell to local producers at market prices.

Related Keywords: Agriculture, Confederation of Industry, cotton, diplomats of seven African countries, Foreign direct investment, industrial parks, invest in sectors of textile, invited trade and industry, land of unexplored potential, textiles and apparel industries

Diplomats of seven African countries, Mali, Tanzania, Ethiopia, Uganda, Zambia, Botswana and Mauritius speaking at a meeting organized by the Confederation of Industry in Coimbatore on Thursday on Africa Seminar Series – the Land of Unexplored Potential, invited the trade and industry in Coimbatore region to invest in their countries, especially in sectors such as agriculture, textiles, energy, and education.

Related Keywords: Agriculture, bring closer private sector of both countries, cotton, enhance bilateral trade, Exchange of trade delegation and participation in exhibitions, investment sectors, manmade staple fibre, Pak Romania, Pakistan exports to Romania, prospects in different trade, strengthen trade and economic relations, Textile, Textile articles

The two countries Pakistan and Romania have prospects in different trade and investment sectors, main ones are agriculture, textile, information technology, energy, engineering and construction. Khalid Tawab, Sr. Vice President, FPCCI Khalid Tawab, Senior Vice President FPCCI stressed the need for strengthening trade and economic relations between Pakistan and Romania.

The Senior Vice President FPCCI expressed his sentiment in a meeting with Ambassador of Romania H.E. Emilian Ion who visited FPCCI along with Tariq Saud Honorary Consul General of Romania in Pakistan

Related Keywords: apparel and clothing accessories, cotton, includes textile yarn, machinery, Pakistan, Pakistan mainly imports textile, sign free trade agreement framework, tap massive potential of bolstering trade, Turkey, Turkey import from Pakistan, urkish Ambassador to Pakistan Sadik Babur Girgin, woven fabrics

Pakistan and Turkey to tap the massive potential of bolstering trade between the two countries will sign a free trade agreement framework on Tuesday, said Turkish Ambassador to Pakistan Sadik Babur Girgin on Friday.

The current trade between the two countries stands at $600 million, but after signing the agreement it has the potential to touch $2 billion mark. The current balance of trade is in favour of Pakistan.

Turkish Economy Minister will visit Islamabad to sign the agreement between the two countries, which have very close cooperation in diverse fields.

Related Keywords: activate PTA, AGOA, cotton, enhance the bilateral trade relations, especially textile, exchange of international exhibitions and delegations, Mauritius mulling to sign FTA with Pakistan, Mauritius gateway to African countries, Mauritius huge scope for Pakistani products

Mauritius has huge scope for Pakistani products, especially textiles, cotton cosmetics, cereals, pharmaceutical and plastic, and these marvelous opportunities must be tapped also as Mauritius is a gateway to African countries.

High Commissioner of Mauritius Yusuf Elahee while talking to Rawalpindi Chamber of Commerce and Industry (RCCI) President Mian Humayun Parvez during his visit to the Rawalpindi Chamber state that Preferential Trade Agreement (PTA) was signed in 2007 between the two countries but no efforts were made to enhance the bilateral trade relations.

Related Keywords: bring revolutionary textile finishing technology, cotton, developed and patented manufacturing technology platform, HeiQ Material AG, HeiQ Real silk, key properties of silk are replicated, luxurious feel of silk to other fabric, perfect treatment for fashion industry, polyamide, polyester, short polymer fibers, Swiss textile technology innovator

HeiQ Materials AG, a Swiss textile technology innovator based on its recently developed and patented manufacturing technology platform for short polymer fibers a perfect treatment for the fashion industry now brings the revolutionary textile finishing technology “HeiQ Real Silk” to market.

With “HeiQ Real Silk” the key properties of silk are replicated by applying a minute amount of this precious natural raw material to the surface of any fabric. “HeiQ Real Silk” finish for any fabric type

Related Keywords: capitalize on each other's eco strategic leverage, conducted jointly, cotton, feasibility study, Korea Institute for International Economic Policy, launch FTA, Pakistan and South Korea, Pakistan has comparative advantages in textiles, Pakistan Institute of Trade and Development, Pakistani Ambassador Zahid Nasrullah Khan, rounds of negotiations

Pakistan and South Korea to hold rounds of negotiations to launch a free trade agreement (FTA) to capitalize on each other's geo-strategic leverage, following an ongoing feasibility study conducted jointly by Pakistan Institute of Trade and Development and the Korea Institute for International Economic Policy since July 2015, is expected to be completed by June.

Pakistani Ambassador Zahid Nasrullah Khan, in an interview with The Korea Herald highlighted the policy of prioritizing trade and investment with Korea since Prime Minister Muhammad Nawaz Sharif took office in 2013.

Related Keywords: cotton, Demand for cheaper prices, domestic output, exportable goods becoming uncompetitive, exporters of cotton textile products, Fabrics and Home Textiles, FTAs, international market, Texprocil, textile raw material, yarns

The largest producer of cotton in the world finds that its exportable goods are becoming uncompetitive in the face of the raw materials in India available for the manufacturing of these goods turning out to be costly.

Currently, the raw materials are available at marginally higher prices in local markets than the prevailing prices in the international markets.

Hence, the textile industry has urged the government to make cotton available for textile mills at prices cheaper than the prevailing prices in the international markets.

Related Keywords: cellulosics, cotton, Creora eco soft, displaying new fabrics made from blends of merino wool, Global Merino Inc., good drape, maintain soft hand, mixed with heat sensitive fibers, natural fibers, participating at Outdoor Retailer trade show, primary ingredient, spandex engineered, technical textile manufacturer, using merino wool, wool and silk

Global Merino Inc. based in San Anselmo, California, a technical textile manufacturer, using Merino Wool as a primary ingredient participating at the Outdoor Retailer trade show is displaying its new fabrics made from blends of Merino wool and Creora Eco-Soft, a spandex engineered to maintain a soft hand and good drape when mixed with heat-sensitive fibers, including natural fibers such as cotton, wool and silk as well as cellulosics such as rayon, Modal and Tencel.

Related Keywords: abaca, beautiful labor intensive products, by various indigenous tribes, cotton, growing market for weaving tradition, handwoven and hand-embroidered clothes and textiles., Likhang Habi Market Fair, pina, using locally sourced natural material

The recent held Likhang Habi Market Fair at Glorietta was an indication that there is a growing market the country’s weaving tradition that makes beautiful and labor-intensive products mostly by various indigenous tribes using locally sourced natural materials like cotton, piña and abaca.

Launched in 2009, the three-day annual textile fair provided a venue for traditional weavers and embroiderers from Luzon, Visayas and Mindanao to showcase their products, touch base with old customers and develop new clientele.