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Rupee weakening against the dollar to benefit the textile and clothing category

Related Keywords: Apparel Export Promotion Council, Apparel exports, clothing, Garment Exporters, garment producers, raw material prices, Textile, yarn exports

Apparel exports, which were almost stagnant for the last couple of years, is expected to do better. It will give the garment producers cushion against increasing raw material prices. A. Sakthivel, vice chairman of the Council said that, “However, buyers will ask for cut in rates even for existing orders, and we might not get the full benefit.”

Kyrgyz garment industry sees great opportunity for development in the Customs Union

Related Keywords: Chinese product, Customs Union, garment producers, high quality, improved taxation system, Kyrgyzstan garment industry, Kyrgyzstan wool, re-export to Russia, sewing products

The Customs Union countries including Kazakhstan, Russia and Belarus to introduce a system of marking products that means products imported to Kyrgyzstan from China, during their future re-export to Russia, will be qualified as Chinese. Such goods will be withdrawn from the market, and sellers will have to pay significant fines said, advisor to the Russian President on Eurasian integration Sergey Glazyev.

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