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Meeting on TPP deal between eleven nations kicks off

Related Keywords: aims to reach a broad agreement, between 11 signatory countries, expected to run depending, Free trade agreement, kicked off Wednesday, Ministerial meeting, pact to take effect without the United States, progress of negotiations, pulled out of the deal, rans Pacific Partnership, relaxing rules for eliminating tariffs, Vietnam focus of attention

Ministerial meeting on the Trans Pacific Partnership free trade agreement between 11 signatory countries kicked off Wednesday and expected to run depending on the progress of negotiations. The meeting aims to reach a broad agreement for the pact to take effect without the United States, which has pulled out of the deal.

At a breakfast meeting held on the first day, Toshimitsu Motegi, minister in charge of economic revitalization, called on the participants to sort out the issues to be addressed to reach an agreement, as well as specific points to be discussed.

Pak-Thailand to hold discussions this month to reach final decision on FTA

Related Keywords: enhancing bilateral trade between the two countries, Free trade agreement, FTA, held inAugust, holding eighth round of talks, Pakistan and Thailand, reach a final decision, request lists from both sides and offer lists, talks on the text of agreement, tariff reduction modalities

Pakistan and Thailand to reach a final decision on the Free Trade Agreement (FTA) will be holding its eighth round of talks which will be held from August 21 to 23. During the 8th round, talks would be held on the text of agreement, tariff reduction modalities, request lists from both sides and offer lists.

Both sides had exchanged the offer lists of items for free trade, including automobile and textile sectors for removing the reservations of the sectors, a senior official of the Ministry of Commerce said.

Sri Lankan investors eyeing Bangladesh market

Related Keywords: apparel industry, Bangladesh exports apparel, cheaper rates, export apparel to the European market, eyeing Bangladesh., Free trade agreement, global market, labour rights issue, lack of sufficient labour, Maithripala Sirisena, not secured GSP Plus, Sri Lanka enjoys GSP plus, Sri Lankan President, strengthen bilateral ties, visited Bangladesh

Recently, Sri Lankan President Maithripala Sirisena visited Bangladesh to further strengthen the bilateral ties between the two nations which values at US $ 142 million and has potential to be boosted. For this purpose, there must be mutual understanding economically and politically between the two countries, in addition to the free trade agreement (FTA), for which two high commissioners had discussions a few months ago.

Pak-Turkey to sign FTA on 14 August

Related Keywords: cotton yarn, denim PET, enhancing bilateral trade, fabric and garments, Free trade agreement, FTA, major exports to Turkey, manmade textiles, Pakistan and Turke, Pakistan major imports from Turkey, reach the final agreement, seventh round of negotiations milestone, to be signed in mid August, towels

Pakistan and Turkey’s Free Trade Agreement (FTA) will be signed on August 14, for enhancing the bilateral trade between two countries. The seventh round of negotiations between the two countries on Free Trade Agreement (FTA) was milestone to reach the final agreement.

Secretary Ministry of Commerce Younas Dhaga led Pakistan’s delegation in negotiation on FTA between Pakistan and Turkey. Pakistan and Turkey discussed the specific sectors including textile sector during the negotiation, a senior official of Ministry of Commerce said.

Arvind Ltd focus to build multipronged strategy for growth

Related Keywords: Arvind Limited, built on four planks, EU, focusing on multipronged strategy, Free trade agreement, growth, innovation, intends to become a strategic partner, labour law, multi-fibre, sustainability, Textile Industry, textile major, verticalisation, with its customers

Arvind Limited, textile major intends to become a strategic partner with its customers by focusing on a multipronged strategy for its growth. Their strategy will be built on four planks — sustainability, innovation, verticalisation and multi-fibre, company’s Chairman and Managing Director Sanjay Lalbhai said in an interview.

Pakistan, Turkey to hold seventh round on free trade negotiations soon

Related Keywords: between Pakistan and Turkey, discuss specific sectors including textile sector, final agreement, Free trade agreement, FTA, held to finalize agreement by end of May, improve trade balance, Seventh round of negotiations, two sides would exchange provisional lists, upcoming round of dialogue

The seventh round of negotiations on Free Trade Agreement (FTA) to be held between Pakistan and Turkey to finalize the agreement by the end of May 2017. The two sides would exchange provisional lists for a final agreement in upcoming round of dialogue.

A senior official of the Ministry of Commerce said that during the negotiation, the two Countries would also discuss specific sectors including textile sector. Also the two sides would hold discussions on agreement on goods, services and investment.

Pakistan, Turkey to hold sixth round talks on FTA

Related Keywords: between Pakistan and Turkey, cotton yarn, ethanol, fabric and garments, Free trade agreement, held through digital video meeting, hold discussion on agreement on goods, imports from Turkey are manmade textiles, investment. major exports to Turkey are denim PET, services, Sixth round of negotiations, towels

The sixth round of the negotiations on Free Trade Agreement (FTA) between Pakistan and Turkey would be held through digital video meeting in coming week. Both the sides will hold discussion on agreement on goods, services and on investment. The agreement in this regard would be signed in coming months of April 2017.

VN textile export going through slow pace as buyers turn to other suppliers

Related Keywords: buyers are not cutting back purchases, facing downshift, Free trade agreement, lower import tariffs, lower prices, Pacific-Rim trade pact, rise of new suppliers in global market, TPP, turning toward other suppliers, Vietnam Textile and Apparel Association, Vietnam textile and garment products export

Vietnam's textiles and garment products that accounted for nearly 14 percent of the country’s exports last year, is likely to miss the annual shipment target of $31 billion this year has it is facing downshift which industry insiders attribute to the rise of new suppliers in the global market. It’s textiles and garments exports in the first six months increased only 5.1 percent to US$10.7 billion, the slowest pace since 2010.

According to figures released by the General Statistics Office of Vietnam, the industry's exports grew 8.2 percent to $22.63 billion last year.

Tirupur garment exporters pitch for separate trade pact with Britain

Related Keywords: A. Sakthivel, Apparel exports, bilateral talks, Britain shared forty percent, expand business in the UK after Brexit, Free trade agreement, head of the Tirupur Exporters' Association. EU major destination for RMG, including garment exports to UK, paramount to boost exports, UK leading market

A free trade agreement (FTA) is paramount to boost exports, including garment exports to the UK, said A. Sakthivel, the head of the Tirupur Exporters' Association. Although, the EU is a major destination for readymade garments, but the UK a leading market as Europe makes up 46 percent of apparel exports, of which Britain's share is 40 percent.

Hence, garment and knitwear exporters in Tirupur are pitching for FTA with the EU, also want a separate trade pact with Britain after it voted to leave the EU.

US remains largest export market of Vietnamese garment and textile products

Related Keywords: among other countries and territories worlwide, for Vietnamese garment and textile products, Free trade agreement, garment and textile generated largest turnover, TPP, US largest export market, Vietnam ran trade surplus, Vietnam Textile and Apparel Association

The U.S. has remained Vietnam’s largest export market among 200 countries and territories worldwide, a position it took over from the EU, which had held it since 2012, at the end of last year. According to official figures from the General Statistics Office (GSO), Vietnam earned $28.5 billion from shipments to the U.S. in 2014, up 19.6 percent compared with 2013.

Vietnam ran a US$17.2 billion trade surplus with the U.S. in the first eight months of this year, a 20.3 percent rise from $14.3 billion the country earned in the same period last year.

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