With the upcoming visit to Poland of Zhang Dejiang, chairman of China's National People's Congress (NPC) Standing Committee, the Chinese-Polish relations are to make another step towards better cooperation and mutual understanding. The bilateral relations have made continuous progress since the establishment of a comprehensive strategic partnership in June 2016. Zhang's visit will provide another opportunity to promote closer cooperation between the two countries. Polish Prime Minister B

Exports of jute goods from Bangladesh to India almost halved in 2nd half of the just concluded financial year 2016-17 compared to the same period of last financial year due to the anti-dumping duty imposed by the neighbouring country on the products on January 5 this year. According to the Export promotion Bureau data, export earnings from jute goods shipment to India in January-June of the FY 17 fell by 49.94 per cent to $40.96 million from $81.83 million in the same period of the FY 16.

Bangladesh should not go for policies that undercut the country's opportunities to benefit from the Chinese One Belt, One Road (OBOR) initiative, said Metropolitan Chamber of Commerce and Industry. “Understanding the overwhelming reach and potential of this project, it is evident that Bangladesh is poised to benefit enormously from the OBOR,” the chamber said in its July bulletin. The project with $900 billion of planned Chinese investments ranging from ports in Pakistan and Sri Lanka to h

7.5 percent of the global fashion industry have signed the Global Fashion Agenda's 'Call to Action for a Circular Fashion System', committing to accelerate the transition to a circular fashion system. 64 leading fashion companies and corporations have signed the commitment letter, which represents a total of 143 brands and account for 7.5 percent of the total fashion industry according to the Pulse of the Fashion Industry report. Key signatories include Asos, Adidas, Bestseller, Guess, Hugo B

Australian wool auctions performed admirably last week, not by increasing price levels, but by holding very firm in the face of the heavy volumes hitting the market. All types and descriptions on offer recorded minor adjustments downward, and the rebased AWEX eastern market indicator (EMI) declined by just a single cent to close the week at 1524ac/clean kg. “The selling week commenced with buyers basically bidding to a level through the Merino fleece section, and not pushing to buy at all. As

Guangzhou Elephant Digital Technology, a Chinese company, is pursuing research in sublimation heat transfer. The company is associated with several brands from across the world and also offers advanced printing equipment. Sublimation heat transfer printing is usually used for printing different novelty items like polyester sportswear, tops and t-shirts. Over the years their capacities and the quality of such printing devices has enhanced and remarkably transformed. Today the technology and a

The Indian textiles business has come to a virtual standstill in many parts of the country, following protests and strikes by small manufacturers and traders over various aspects of the recently-introduced Goods and Services Tax (GST) that are showing no signs of abating. From Surat to Erode and from Amritsar to Ichalakaranji, the protests have been widespread and brought manufacturing in these towns almost to a halt. The latest organisations to throw their lot with the ongoing agitation w

Mali produces long staple cotton and only 5 percent of it is processed in that country and the rest is exported. Recently about 20 percent of Mali’s cotton is consumed by India, said Niankoro Yeah Samake, Mali’s Ambassador in India. Mali, which produces eight lakh tonnes of cotton a year, is looking at direct exports of cotton to the Indian textile industry. However, most of the trade is through foreign companies. So, there are opportunities to trade directly. Currently, Europe and China are

Agriculture Ministry of Egypt Hamed Abdel-Dayem on Saturday said that production of their silky soft cotton once known as ‘white cotton’ should rise to 1.4 million qintar (160 kg) in the 2017-18 fiscal year that started in July from 700,000 qintar a year earlier. The government aims to increase the price of the long staple cotton to more than 3000 Egyptian pounds ($168.07) per qintar, which will all be exported. Production of the cotton, used in luxury bedding, has fallen sharply since 2011,

The textiles and clothing segments in Vietnam stand little chance for any meaningful economic growth in international sales over the near term without substantial reform, says the Textile Outlook International. For starters, domestic companies need to change their method of sales from outsourcing to selling direct to customer, says Textile Outlook. This suggestion is consistent with the global trend in textiles and clothing away from outsourcing. International brands are increasingly seein