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Related Keywords: Apparel exports, Central Bank of Sri Lanka, comprise nearly fifty two percent of total exports, Garments exports increased to the European Union, sharp decline in import, Sri Lankan apparel sector, Sri Lankan textile and garment exports, the United States, trade deficit, witnessed modest increase in February

Sri Lankan textiles and garments exports that comprise nearly 52 percent of total exports, during the month of February witnessed modest increase by 10.3 percent and helped to curb the negative growth of total exports to some extent, according to the Central Bank of Sri Lanka (CBSL).

Garments exports to the European Union and the United States have increased by 11.7 percent and 8.7 percent, respectively, in February 2016.

Related Keywords: African Growth and Opportunity Act, AGOA, allows duty-free imports, cotton important factor, driving many Turkish, Ethiopia and Kenya, Indian and Chinese textile companies, need to improve energy costs and transportation cost, rise production, the United States, wide range of African textile and garment products, worlds biggest market

Ethiopia and Kenya both countries face challenges such as poor infrastructure, cumbersome customs procedures, a dearth of technical and managerial talent and low levels of social and environmental compliance although with Ethiopia offering cost advantages and Kenya boasts higher production efficiency.

Related Keywords: Annual textile market incomes, contraband, help textile industry, low interest loan, offer local textile companies training, order destruction of all foreign imported clothes, publicly destroy, seize from stores, textile imported from Europe, The Association of Textile Companies of Russia, the United States, urge President Vladimir Putin

The Association of Textile Companies of Russia has urged its President Vladimir Putin to order the destruction of all imported clothes from certain foreign countries, in particular, textiles imported from Europe and the United States. Russia’s annual textile market incomes are at approximatel50y USD $31 billion, and more than USD $9 billion of it is the part of foreign imported textiles.