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Textile Ministry on constant follow up for FTA with EU

Related Keywords: Bangladesh textile industry, China’s textile market, environmental compliances, FTA with EU, incentives scheme for the textile sector, international textile trade, Ministry of Commerce, Ministry of Textiles, tax benefits for textile exports, textile leaders, textile policy of India, textile sector of India, textile special packages

Ministry of Textiles is continually communicating with the Ministry of Commerce to facilitate FTA with EU to boost the international trade, especially in the textile sector, said Rashmi Verma, Secretary, Ministry of Textiles, Government of India.

Trade agreements may place huge pressure on the state-owned enterprises in Vietnam

Related Keywords: fair playing field, FTA with EU, private business, SOE's, tariff exemptions, Trade agreement, TTP agreement, Vietnam National Textile Garment Group, yarn-forward rule

A new generation of trade agreements like the US-led Trans-Pacific Partnership (TTP) Agreement and the Free Trade Agreement (FTA) with the European Union require member countries to create a fair playing field for private business but this is likely to clear preferential treatment for state-owned enterprises (SOEs), raising concerns about their ability to survive.
 

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