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Related Keywords: Apparel Export Promotion Council, continuation of the duty-free import, duty-free import of samples, export value of garments, facing competition, forthcoming Union Budget, more incentives, round-the-clock customs clearance, sought number of interventions, speciality fabric, textile and garment companies, withdrawal of GST on air-freight

The Apparel Export Promotion Council has sought a number of interventions from the government, which include more incentives, continuation of the duty-free import of speciality fabric up to 1 percent of export value of garments, round-the-clock customs clearance, withdrawal of GST on air-freight and duty-free import of samples in the forthcoming Union budget, as the the labour intensive textile and garment companies are facing increasing competition from Vietnam and Bangladesh.

Related Keywords: Foreign invested enterprises, held workshop, leaving market, not be able to enjoy preferential tariffs, pocket most of the money, requirements on origin of products, textile and garment companies, TPP, unstable policies of the state, Vietnam Chamber of Commerce and Industry, World Bank

At a workshop held by the World Bank (WB) and the Vietnam Chamber of Commerce and Industry (VCCI), Truong Van Cam, deputy secretary general of the Vietnam Textile and Apparel Association (Vitas) said that many textile and garment companies due to the state’s unstable policies are leaving the market.

According to analyst, the government seems to be too optimistic about opportunities to be brought to the textile and garment sector by TPP.

Related Keywords: Abughazaleh Trading Company, apparel brand, employment generation, foreign exchange earning, homegrown luxury brand, industrial output, textile and garment companies, textile exports, textile imports, trading sector, UAE textile industry

The UAE textile industry is not only the country’s largest trading sector after oil but it occupies an important place in the UAE economy as a whole and particularly in Dubai, because of its contribution to the industrial output, employment generation and foreign exchange earnings.

UAE's textile exports cover more than 50 countries in Africa, the Middle East, South Asia and Europe, while major exporters are China, South Korea, Japan and Indonesia.