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Kenya plans to review trade strategy to raise its exports to US

Related Keywords: African Growth and Opportunity Act, boost exports to United States, Chris Kiptoo, Export processing zone, in-depth review of current trade strategy, Kenya plan to conduct, Kenya exports to US, mainly textiles and apparels, Principal Secretary in the Ministry for Trade, success as well as to suggest interventions, take stock of its implementation

Kenya plan to conduct an in-depth review of the current trade strategy in order to take stock of its implementation and success as well as to suggest interventions to boost exports to the United States, Chris Kiptoo, Principal Secretary in the Ministry for Trade.

The first African Growth and Opportunity Act (AGOA) strategy for Kenya was developed in 2012. Under the trade agreement, most of sub-Saharan African countries are allowed to export some products duty free to the U.S. market. Kenya’s exports to U.S. comprise mainly textiles and apparels made in the export processing zones.

Pakistan call on Italian companies to set up their independent units

Related Keywords: Export processing zone, Federal Minister for Industries and Production, Italian Trade Commissioner, Italy to expand co-operation and investment, machinery, National Industrial Parks, Pakistan calls on Italian companies, Pakistan safe for investors and investments, set up independent units, special tax concession, textile products

Federal Minister for Industries and Production Ghulam Murtaza Khan Jatoi welcoming the Italian Trade Commissioner Riccardo Monti, who is on a two day visit to Pakistan said that Pakistan is a safe country for investors and investments as it has dedicated National Industrial Parks and Export Processing Zone with special Tax concession where Italian companies can set up their units and also have opportunity to establish their independent units to avail the same facilities.

HCM City economic hub of Vietnam set target of USD 700mn investment in 2015

Related Keywords: expanding global garment and textile market, Export processing zone, fashion design, foreign investors, HCM city of Vietnam, major garment and textile project, Southern economic hub, Trans-Pacific Partnership agreement

Vietnam's southern economic hub Ho Chi Minh (HCM) City’s industrial zones (IZ) and export processing zones (EPZs) in 2014 attracted 752 million U.S. dollars in investment, up 23 percent year-on-year, sources from the city's Export Processing and Industrial Zone Authority (Hepza) reported.

This year HCM city has set a target to receive at least 700 million U.S. dollars in investment into its industrial zones (IZs) and export processing zones (EPZs).

Li and Fung keen to explore opportunities in Kenyan local textile sector

Related Keywords: AGOA market, Export processing zone, Garments, Kenyan local textile sector, Li Fung, shop, textile product

Li and Fung, Hong Kong headquartered industrial firm specializing in supply chain management of high-volume, time-sensitive goods for leading retailers and brands worldwide through an extensive global network and is now seeking to explore opportunities in Kenyan local textile sector.

The firm has just concluded a fact-finding mission to Kenya hosted by Ministry of Industrialisation and Enterprise Development Cabinet Secretary Adan Mohamed.

Kenya plans to set up a Textile City to pull in global textile investment firm

Related Keywords: apparel manufacturer, Export processing zone, Kenyan textile city

Kenyan Industrialization Cabinet Secretary Adan Mohamed, while addressing a delegation of 40 international apparel manufacturing companies announcement the Kenyan government's plans to establish a Textile City at the Export Processing Zone (EPZ) in Athi River which is currently at an advanced stage.

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