Over 10,000 delegates from various countries of the world attended a trade fair conducted along side the Third World Human Settlements Forum (WUF) organized by UN-Habitat. North Americans showed keen interest in textiles, hand-woven garments and woodcarvings from East Africa. East African participants in the trade fair expressed that the Canadian visitors bought many hand made goods in particular as against industrial products from other parts of the world. Visitors at the fair showed keen in

China's textile industry output value is expected to reach six trillion yuan (750 billion U.S. dollars) by 2010, according to the industry's development program for the next five years. Under the program, published on Wednesday by the National Development and Reform Commission (NDRC), the textile industry's fibre processing volume should grow on average six percent annually to reach 36 million tons by the year 2010. Sales are expected to rise an average 12.7 percent annually to hit six trill

Vietnam will slash import taxes on many important items, including garment, automobile and petroleum products, under its commitments regarding the World Trade Organization (WTO) and free trade areas, local newspaper Youth reported Wednesday. Under the WTO commitments bilaterally made to its partners, Vietnam will lower average agriculture tariff to 21 percent from current 23.5 percent, and industry tariff to 12.6 percent from 16. 6 percent, the newspaper quoted sources from the country's Finan

Recognizing the importance of textile and clothing industries in country? economic growth, Chinese Government aims to lay special emphasize on the two sectors in its next five-year plan. The plan will include improvement in textile machinery and technological products, buying international brands, using optional fibre and reducing the use of energy sources. Speeding up reform of state-owned textile enterprises will also be a vital part of the plan. Government is also planning to create its ow

The textile industry is asking the government to announce a concession and incentive package of Rs50 billion (US$830 million) so that it can compete with India, China and Bangladesh in export market. For pleading this case, a leading exporter Mushtaq Cheema is locking horns on June 29 with the seasoned bureaucrats of the finance and commerce ministries and officials of the State Bank of Pakistan at a meeting to be chaired by Prime Minister Shaukat Aziz. Prepared and designed by a 15-member comm

Half-way through the year and European quotas on China's shipments are increasingly drifting further away from any possible exhaustion, latest data reveal. The growth of quota use over the past four weeks has slowed down although export licences for these categories issued in China show a modest rise in the four-week period ending 28 June. Having now reached the half-way point in 2006, European quotas for the 10 restricted Chinese categories are nowhere near the 50 per cent needed to indicate p

Prime Minister Shaukat Aziz has asked for authentication of the documents, provided by the textile sector, about availability of cheap natural gas to the industry in Bangladesh and 5 percent interest reimbursement plus 10 percent capital subsidy for specified processing machinery in India. The data shows 18 percent rise in Pakistan's textile exports in the first 11 months (July 2005 to May 2006) of the current financial year. However, upon segregation it is revealed that the growth in the first

Handloom development project has been jointly launched by the Department of Textile Development and the Ministry of Textile Development to develop handloom sector as a self-employment project and create it as a recognized industry in Sri Lanka. At present the Department of Textile Development opened 15 handloom-training centers in Central, Western, and Southern provinces to train school leavers and housewives to produce value added handloom products to acquire bigger stake in Sri Lanka as well

China's textile industry output value is expected to reach six trillion yuan (750 billion U.S. dollars) by 2010, according to the industry's development program for the next five years. Under the program, published on Wednesday by the National Development and Reform Commission (NDRC), the textile industry's fibre processing volume should grow on average six percent annually to reach 36 million tons by the year 2010. Sales are expected to rise an average 12.7 percent annually to hit six trill

A delegation of the textile sector led by Chairman Cost of Doing Business Committee Zubair Motiwala will meet Prime Minister of Pakistan Shaukat Aziz on June 29 to discuss issues related to the textile sector in Islamabad. The delegation will discuss the textile package and cost of doing business in the country. The delegation will emphasise that the gas tariff should be frizzed to present level and the proposed 22 percent increase in gas tariff from July 1, 2006 be withdrawn. The delegation