WTO director-general Roberto Azevedo attends the APEC Ministers Responsible For Trade meeting in Hanoi, Vietnam, May 20, 2017. [Photo/VCG] World Trade Organization (WTO) director-general Roberto Azevedo on Monday called on members to avoid triggering an escalation in global trade barriers. "In light of recent announcements on trade policy measures, it is clear that we now see a much higher and real risk of triggering an escalation of trade barriers across the globe," said Azevedo in a mee

Vietnam wants to invest in telecom, agriculture, IT, textile, oil and gas, infrastructure sectors of Bangladesh due the country's low-cost production facilities and large market, said Tran Dai Quang, president of the Southeast Asian nation. “There is a lot of opportunity for investment given the current size of the economy of Bangladesh,” he said at the 'Vietnam-Bangladesh Business Forum', organised yesterday by the Federation of Bangladesh Chambers of Commerce and Industry. Tran went to r

European brands are set to steal the show at the upcoming Intertextile Shanghai Apparel Fabrics show in China, one of the leading apparel fabric and accessories exhibitions in the world. The show that provides an excellent opportunity for overseas suppliers to build stronger relationships, will be held from March 14 to 16, 2018 in Shanghai, China. SalonEurope will show a range of products across the whole textile spectrum on offer. Celebrating its 100-year anniversary this July, Alumo has un

Three of the ten firms to have recently joined the ZDHC Roadmap to Zero Programme are from textiles. These organisations commit to working on the programme’s vision of widespread implementation of sustainable chemistry, driving innovations and best practices in the textile, apparel and footwear industries to protect consumers, workers and the environment. The new textile organisations joining as the value chain affiliates are ACS Textiles Bangladesh Ltd, Salirone and Santori Pellami Spa. ACS

Boston Athletic Association (B.A.A.), a leading sports manufacturer adidas, and The Woolmark Company have announced their partnership to create and gift the first Best in Class tee, which will be reserved only for the top 20 2018 Boston Marathon finishers per 13 age groups. Adidas and The Woolmark Company are partnering to develop innovative new product applications within the sports and performance market by applying the science and performance benefits of biodegradable Australian Merino woo

According to provisional figures provided by the United States Department of Agriculture, forecasted cotton supply in Benin this market year is projected to expand 9.4% year-on-year due to an increase in initial reserves and domestic production. Demand on the other hand is expected to fall 13.3% year-on-year due to weaker exports. Domestic producers make up the bulk of the overall cotton supply in Benin, accounting for more than two-thirds (68%) of total cotton supply. Beginning stocks ar

The Government Work Report delivered by Premier Li Keqiang on Monday reflected both the rosy and not-so-rosy sides of China's economic and social development. On the rosy side, China's GDP has risen from 54 trillion yuan ($8.52 trillion) to 82.7 trillion yuan over the past five years, with its share in the global economy growing to roughly 15 percent and its contribution to global growth exceeding 30 percent. China's economic activities with other economies last year showed the country's g

Initiative has yielded positive results since it was first proposed in 2013 It is a misinterpretation to regard the country's Belt and Road Initiative as China's geostrategic tool, as the initiative is aimed at pursuing shared benefits for all parties involved, a spokesman said at a National People's Congress news conference on Sunday. "The Belt and Road Initiative is a proposal for economic cooperation, it focuses on interconnectivity and aims to achieve mutually beneficial outcomes," sai

Polymer Solutions Group, a leading developer of specialty polymers and additives headquartered in the US, has announced that the company has acquired the assets of Phoenix Chemical Company, Inc., a specialty chemical manufacturer and distributor focused on the carpet, textile, water treatment, and household, industrial, and institutional chemicals markets. Phoenix Chemical brings to PSG significant market expansion, technical, and manufacturing capabilities, and enhanced logistics that compl

Scientists from Zhejiang University have developed a cloak that makes a bunny almost invisible to infrared cameras, thanks to fibres that mimic the structure of polar bear hairs. The hairs of a polar bear have a hollow core, which reflects back IR emissions from the body. This structure helps prevent heat loss and keeps the bears warm in Arctic environments. But the hairs have an added advantage: They can conceal the bears from thermal imaging cameras used in many night-vision devices. Texti