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Chinese investments flow into the textile industry of Uzbekistan show an increase

Related Keywords: clothing and knitting industries, expansion of investment activities of Chinese companies, Expo China 2018, International Exhibition of Textile and Fashion Industry “UzTextile Expo 2018, Jinsheng group, large textile companies, Marjan Investment Group, Nanyang Mulanhua, Textile, textile enterprises, Textile Industry, trade turnover, Uzbek and Chinese textile associations, Uzbek textiles, Uzbekistan Textile Conference

Issues of development of cooperation between Uzbek and Chinese textile associations, large textile companies, expansion of investment activities of Chinese companies in Uzbekistan, increase in trade turnover between the countries, in particular, consideration of the issue of optimization of rates of customs duties on the import of Uzbek textiles to China were discussed during the meeting.

Azerbaijan and China opens a new page in their trade relations

Related Keywords: China, China is a huge opportunity, entered list of top ten trade partner of Azerbaijan, fifty agreements signed, New Silk Road, opened a new page in their relations, priority market for Azerbaijan, second largest economy, trade turnover, Trans-Caspian transport corridor

China, which has the world's second-largest economy, entered the list of the top ten trade partners of Azerbaijan. The country’s investment in the economy of Azerbaijan has reached $300 million since 2002, said Yu Chunchi, Chinese Ambassador Adviser in Azerbaijan.

Azerbaijan and China opened a new page in their relations after President Ilham Aliyev visited China in December 2015. During the visit, several meetings, negotiations were held and 10 documents were signed. Cooperation issues almost in all spheres were discussed.

Trade turnover at cotton market witnessed decline by 40 percent

Related Keywords: building stock for long term use, decline, Karachi cotton exchange, majority big textile mill owners, new crop arrival in June, Pakistan cotton market, quitting local market, spot rate, trade turnover

With majority of big textile mill-owners quitting the local markets after building stocks for long-term use, the trade turnover of cotton witnessed decline by over 40 percent to 5,900 bales (155 kilograms each, according to dealers on Thursday.

Most of the big textile mills are covered till next September. Although the new crop will start arriving in the markets in June, but matured cotton would come later, said Taqi Abbas, a broker at the Karachi Cotton Exchange.

The KCA maintained its official spot rate for the fourth working day at Rs5,000 per maund.

Vietnam-India bilateral trade turnover surpass $5b target

Related Keywords: agricultural products, bilateral trade, India, machines and equipment, materials for garments and textiles, textiles and garments, trade partner, trade turnover, Vietnam

The Vietnam-India bilateral trade turnover in the first 11 months of the year reached US$5.15 billion, posting an 8.37 per cent year-on-year increase. The two-way turnover has increased by an average 16 percent each year since 2009, making the two countries became important trade partners.

During Vietnamese Prime Minister Nguyen Tan Dung's official visit to India in October, the two countries agreed to take measures to promote bilateral trade to reach a turnover target of $7 billion in 2018, and $15 billion by 2020.

Cotton trade improves as textile mills resumed buying to maintain stocks in Pakistan

Related Keywords: boost activity, capital shortage, cotton yarn, Karachi cotton exchange, maintain inventories, Pakistan cotton market, slowdown in sale, textile mill owner, trade turnover, world cotton market

Pakistan textile mill-owners to maintain their inventories on the higher side resumed purchasing, which helped boost activity at the cotton market with trade turnover of cotton improving by 16 percent to 19,200 bales (155 kilograms).

However, the trade activity was comparatively low due to slowdown in the sales of cotton yarn , a dealer said on Monday.

According to a broker at the Karachi Cotton Exchange, big textile mills maintain, at least, three-month stock of cotton in hands.

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