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Related Keywords: Agriculture, Deputy Minister for Economic Development of Italy, economic and commercial exchanges, identified areas of cooperation, investment in textile, Italian companies, Italy in favour of free trade with Pakistan, Ivan Scalfarotto, Meeting of Pakistan-Italy Joint Economic Commission, mutual benefit, under the umbrella of the European Union

At the conclusion of a meeting of the Pakistan-Italy Joint Economic Commission on Monday, Italy’s Deputy Minister for Economic Development Ivan Scalfarotto said that his country is in favour of free trade with Pakistan under the umbrella of the European Union (EU). The two countries, Pakistan and Italy have identified areas of cooperation to have greater economic and commercial exchanges for mutual benefit.

Related Keywords: comprehensive international trade fair, enhance relationship, exhibit latest textile machinery, informative platform for latest trends, Irantex, Italian companies, Italian technology, Italian textile machinery sector, local textile industry, roadshow, textile machinery, textile products. exhibition for both exhibitors and visitors

The Irantex 2016 is a comprehensive international trade fair for textile machinery and textile products. Because of its range of products and depth of range, this exhibition is, for both exhibitors and visitors, an informative platform for the latest trends in the industry. Italian companies will exhibit their latest textile machinery at the Italian Pavilion at the forthcoming 2016 edition of Irantex, aiming to further enhance the relationship between the local textile industry and the Italian textile machinery sector.

Related Keywords: apparel brands, fashion designers and design studios, Fashion talk, inaugurated by Butti Saeed Al Ghandi, International Textile Fair, Italian companies, local and international buyers, marked increase in European exhibitors, second season, textile traders, Vice Chairman of Dubai world trade centre

After the huge success of International Textile Fair’s maiden edition, the second season of the two-day ITF kicked off on Sunday with a marked increase in European exhibitors. The ITF was inaugurated by Butti Saeed Al Ghandi, second vice chairman of the Dubai World Trade Centre.

The event began with 150 exhibitors from 20 countries. ITF is seeing the participation of apparel brands, local and international buyers, textile traders, fashion designers and design studios.

Related Keywords: Association of Italian Textile Machinery Manufacturers, bilateral trade, export market, Garments, import market, interested in Vietnam, Italian companies, Italy and Vietnam, ministry of industry and trade, Textiles

Italy is Vietnam's eighteenth largest export market and fifteenth largest import market. Vietnam’s export to Italy has surged by 18.2 percent reaching US$2.5 billion, while its imports from Italy has touched US$1.19 billion in the past 11 months (January to November), according to the Ministry of Industry and Trade.

According to Raffaella Carabelli, president of the Association of Italian Textile Machinery Manufacturers, Italian companies remain interested in Vietnam, a growing market with untapped co-operative opportunities and high consumption demand.

Related Keywords: domestic market, foreign market, Italian companies, Italian textile and garments industry, Italian textile machinery manufacturers, ITMA 2015, President of ACIMIT, Raffaella Carabelli, rise in orders, stagnant, textile machinery

Italian textile machinery manufacturers witnessed rise in orders for the third quarter of 2014 compared to the previous quarter, due to the demand from foreign markets.

The rise in orders is limited to foreign markets, where for the period taken into consideration an increase of 9% was reported while the domestic market remains stagnant.