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Egyptian govt to take all measures to boost cotton production, exports

Related Keywords: cover need of local market, during the coming years, Egyptian government, encourage cotton production, encourage expand cultivation, exporting, exports, increase exports, l take all measures, order to meet local demand, ordered to set a reasonable price, President Abdel-Fattah al-Sisi, supply of cotton from farmers

Egyptian government to encourage cotton production and exports in order to meet local demand and increase exports will take all measures . President Abdel-Fattah al-Sisi also ordered to set a reasonable price for the supply of cotton from farmers to encourage them to expand the cultivation of this vital crop during the coming years in order to cover the needs of the local market and exporting.

Second Made-in-Rwanda expo begins

Related Keywords: appeal regional market, attract citizenry consumers, bridge import gap, DMRS, increase exports, opportunity to Rwandan manufacturers, organized by Private Sector Federation, partnership with MINEACOM, production potential, satisfy local market, Second Made in Rwanda exhibition, showcase products

The second Made-in-Rwanda exhibition opens today at Gikondo Expo Grounds in Kicukiro District., organized by the Private Sector Federation in partnership with Minister for Trade, Industry, and East African Community Affairs (MINEACOM). It gives an opportunity to Rwandan manufacturers to showcase what they can do and their production potential to satisfy local market as government seeks to increase exports and bridge the import gap.

Zambia to invest USD15m in re-establishing Mulungushi Textile Factory

Related Keywords: boost cotton industry, factory to create over twenty thousand jobs, Government of Zambia, identifies textile as priority sectors, increase exports, industrialization and economic development, make investment of USD fifteen million, re-establishing Mulungushi textile factory

The Government of Zambia identifies textile as one of the priority sectors for the country’s industrialization and economic development will make investment of USD15m in re-establishing the Mulungushi textile factory, located in Kabwe, Central Zambia. The factory is expected to create over 20,000 jobs in the next 5 years, boost the cotton industry in Zambia and increase its exports.

President Edgar Lungu made the announcement during the reopening ceremony of the textile mill on August 1st 2016.

Pak govt urged to take bold steps to raise exports to $35 bn by 2018

Related Keywords: bring down cost of all essential utilies, custom rebate, Deduction of export development fund, increase exports, Pakistan government, par with regional competitors, take bold steps to raise exports, textile value added sector, under strategic trade policy framework, Worker Welfare Fund

Pakistan government being urged by textile value added sector to bring down the cost of all the essential utilities at par with the regional competitors to increase the country’s exports to $35 billion by 2018. The country needs to increase exports with approximately 30 percent growth every year until June 30, 2018 and with 30 percent growth every year the exports will reach to $27 billion in 2016/17 and $35 billion in 2017/18.

Commerce ministry coming up with Africa-focused export strategy

Related Keywords: and made-ups, both woven and knitted, coming up with Africa focused export strategy, Commerce Ministry, credit line to Africa, DGFT, export situation not good globally, exports of textiles and ready-made garments including cotton fabrics, increase exports, MEIS scheme, use competitiveness in markets

With export situation not good globally, the commerce department coming up with Africa and neighbouring focused export strategy where they can use their competitiveness in these markets to increase exports which will give a new dimension to the government's strategic push for ties with the continent that could offer a large market for Indian goods at a time of slowing global demand.

Korea Vietnam signs its 15th free trade agreement

Related Keywords: by small firms in Korea, eliminate tariffs, Free trade agreement signed between Korea and Vietnam, increase exports, on amounts of imports, tariff imposed on textile goods, the Korea International Trade Association

The 15th Free Trade Agreement between Korea and Vietnam was signed in Hanoi on May 5 in the presence of Vietnamese Prime Minister Nguyễn Tấn Dũng. Minister of Trade, Industry & Energy Yoon Sang-jik and Vietnamese Industry & Trade Minister Vu Huy Hoang signed the Korea-Vietnam FTA which will eliminate 94.7 percent and 92.4 percent of their tariffs based on the amounts of imports respectively.

AMITH signs performance agreement to increase exports to 464 mn by 2020

Related Keywords: AMITH, create jobs, identified to increase exports, increase exports, Industrial development fund, Moroccan Association of textile and clothing, projects led by industry-leading companies, signed performance agreement

The Moroccan Association of Textile and Clothing (AMITH) is an important player in the Moroccan economy with more than 850 members has entered into a performance agreement as per the terms the textile industry to increase exports to 464 million and is also committed to create 90,000 jobs by 2020. The agreement was signed at the end of February.

The agreement was signed in the framework of the 2014 -2020 industrial Acceleration Plan, launched in April 2014. A total of 57 projects led by industry-leading companies were identified and the sector has also pledged to increase exports.

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