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USAID sponsored trip for Kyrgyz apparel factories in Apparel Sourcing Paris

Related Keywords: gained first-hand knowledge, international markets, Kyrgyzstan garment industry, met buyers from European fashion retailers, part of its effort to expand export markets, participate in Apparel Sourcing Paris exposition, sponsored trip for Kyrgyz apparel factories, United States Agency for international development, USAID

The United States Agency for International Development (USAID) as part of its effort to expand export markets for Kyrgyzstan’s garment industry sponsored the trip for the Kyrgyz apparel factories to participate for the first time in the Apparel Sourcing Paris exposition held last month (18-21 September.

The Kyrgyz apparel industry has a long history of textile and garment manufacturing which presently consists of more than 500 small and medium sized manufacturers located in or near Bishkek.

Vietnamese garment sector largely dependent on imported fabrics

Related Keywords: EU will eliminate tariffs on textile and garment products, EU-Vietnam Free Trade Agreement comes into force, heavily dependent on imported fabrics, international markets, largely still below standards, mostly originated from Asian countries, textile and garment sector, Vietnamese made fabrics, with China accounting fifty two percent

As Vietnamese made fabrics are largely still below the standards of international markets, it’s textile and garment sector is heavily dependent on imported fabrics, mostly originated from Asian countries, with China accounting for 52 percent of the imports.

In the first four months of 2017, Vietnam imported 3.3 million USD worth of fabrics , up 6.75 percent from the same period last year, this was revealed by the Ministry of Trade and Industry.

Dull trading continues at cotton market

Related Keywords: buyers still remained away from the market, domestic cotton arrival, international markets, Karachi Cotton Brokers Association, Karachi cotton exchange, on Tuesday witnessed dull trading, predicted better cotton outlook, spot rates remained unchanged, yarn and fabric sales were not picking up

Karachi Cotton Exchange on Tuesday witnessed dull trading as buyers still remained away from the market after yarn and fabric sales were not picking up in the international markets.

The spot rates remained unchanged at Rs6,700/maund (37.324kg) and Rs7,180/40kg. Ex-Karachi rates also stood firm at Rs6,835/maund and Rs7,325/40kg after an addition of Rs135 and Rs145 as upcountry expenses, respectively.

Pakistan govt to release Rs5mn refunds to exporters from March

Related Keywords: better market access for local businesses, Commerce Minister Khurram Dastgir Khan, conclude FTA, government would release refunds, informed National Assembly, international markets, launch ecommerce framwork, preferential trade agreements with different countries, refunds issue of exporters to be resolved, value-addition in the textile sector

Commerce Minister Khurram Dastgir Khan informing the National Assembly (NA) said that the refunds issue of exporters would be resolved very soon as the government would release Rs5 million refunds to exporters from the next month.

Dastgir said that the government was also trying to get better market access for local businesses in the international markets by concluding free trade agreements and preferential trade agreements with different countries.

Fall in Turkish cotton crop to boost import demand

Related Keywords: against US exports, Ankara bureau, antidumping duties, boost import demand, cotton crop fall, international markets, lower returns, make Turkish textile exports more expensive, ongoing anti dumping investigation, Turkish cotton, Turkish product to lose market share, US Department of Agriculture, world second largest cotton buyer

The Turkish cotton to see lower returns compared to other crops such as corn in cotton growing regions seen, the fall in production was the result of lower planting, at 370,000 hectares, down from 430,000 hectares in the previous season according to the Ankara bureau.

The government recently announced that the production bonus paid to farmers was to be raised to 0.65 lira per kilogramme of seed cotton, up from last season's bonus of 0.55 lira. Seed cotton is the unprocessed crop from which cotton fibre is ginned.

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