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Related Keywords: FTA, global textilex export, Indonesian Textile Association, Indonesian textile industry, international marketplace, stronger trade pacts

Indonesia currently ranks ninth in global textiles exports and with the Indonesian textile industry growing steadily, sector players are looking for stronger trade pacts as well as more investment to maintain a competitive edge in the regional and international marketplace.

The export target for 2014 is part of national plans to become the number one globally in textile exports by overtaking China, which is shifting its economy from textiles to services.

Related Keywords: Chinese, Chinese Texhong Group, fibre industry, FTA, Hong Kong based TAL Group, Hongkong, Taiwanese investors, TPP, Vietnam textile and garment industry

With Vietnam eyeing early conclusion of Free Trade Agreement (FTA) and Trans-Pacific Partnership (TPP), which according to the Ministry of Industry and Trade, the two agreements will be signed in 2015. The Chinese, Hong Kong and Taiwanese investors have of late started increasing their investment in garment and textile industry in Vietnam.

Related Keywords: bilateral trade, China, chinese market, coir fiber, cotton, Free trade agreement, FTA, Garments, President Xi Jinping, Sri Lanka, Textile, trade and economy

Sri Lanka and China both anticipate that Chinese President Xi Jinping's visit to the island tomorrow, a first by a Chinese head of state in 28 years, will expand cooperation and ties in trade and economy between the two countries.

According to the government of Sri Lanka, both countries in recent years have developed increasingly closer economic and trade relations and a proposed free trade agreement (FTA) between the two countries will boost Sri Lanka's future development.