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Guangdong government launched an investigation to seize those factories which have been in the business of producing clothing under fake international brand.Last month, government officials came to know that some factories have been producing clothing of fake brand and they undertook this combing operation.Officials said that any factory producing fake international brand would be closed down.Not only the factories will be closed down, but their managers will also be fined about RMB100,000.Guang
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The government has prepared fresh lists of country's products for duty- and quota-free access to the markets of both developed and developing countries in line with the agreement reached at the last WTO Ministerial meeting.
"The lists have been prepared to help boost the country's exports to the USA, Japan, South Korea, India and the European countries," said a high official of the ministry of commerce.There are 1017 products on the duty-free list and 276 others on the quota-free list, the off
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China has confirmed it will not change the way it distributes EU and US quotas despite concerns that 20 per cent will be unused in 2006. Many companies have complained that their quotas are too small to meet client demand while many smaller producers are priced out of bidding. The latest round of auctions have seen prices increase as interest from the EU and US grows.
The Chinese Ministry of Commerce (Mofcom) has confirmed it will not change the way it distributes EU and US quotas despite con
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Cotton farmers are demanding higher support price of ZWD $60,000, up from the present ZWD $5,000 per kilogram being offered, which is about three times than what is offered by merchants currently.The introduction of this price will make farmers realise 25 percent profit. Proposal to raise support price has been put up to Government and Reserve Bank of Zimbabwe (RBZ) through National Cotton Council. The money being offered at present was too little and insufficient to repay their loans. Proposal
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European Union (EU) has drafted a new policy to support afflicted clothes and textiles industry of 25 ?nation bloc.Gunter Verheugen, Industry and Enterprise Commissioner of the EU, said that textile industry is challenged with unfair market conditions, job losses and slower recovery.The effect of developments of last few years has damaged each and every section of textiles and clothing production, from spinning and weaving to garment make-up, said Verheugen.He explained a four-point plan, which
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Textile export to Turkey is the major topic to discuss in the trade talks between the two countries.Turkey expressed, the restrictive measures on Chinese textile started last year and would last till the end of 2008.Turkish government imposed anti-dumping duties of 7.5 percent on 44 Chinese textile products.
Source:Fibre2fashion News Desk - China
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KARACHI: The IGATEX exhibition opened at Karachi Expo Centre on Wednesday with the participation of over 500 exhibitors from 30 countries. A large number of trade delegates from all parts of the world converged on the largest exhibition of textile and garment machinery exhibition in Pakistan.Federal Minister for Textile Mushtaq Cheema was pleased to see IGATEX Pakistan 2006 serving as an interactive platform for both the local and international exhibitors. He praised the participation of all cou
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The road to US duy-free access could be longer than expected for a series of emerging countries. While Pakistan was recently refused that textiles and apparel benefit from preferential treatment, chances of duty-free access for Bangladesh, Sri Lanka or Cambodia are progressively fading. With US mid-term elections looming and a new top trade negotiator in Washington, ongoing negotiations may be further delayed while implementation of already signed deals could also be longer than expected.
Hop
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ISLAMABAD: The ministry of textile is organizing a workshop on ?reation of Business-to-Business Textile portal for E-Commerce?in Lahore on Tuesday at 3pm. The workshop has been designed to explore the possibilities of identifying and reaching new markets, which are now open for exports after the end of quota regime. Secretary Textile Syed Masood Alam Rizvi will inaugurate the workshop.The ministry of textile being aware of the challenges and potential benefits created by the information technolo
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LAHORE: The ministry of textile is prepared to launch garments workers?training programme within garment factories. The ministry of textile has selected about 20 factories throughout the country where technical training institutes will be developed for training of female workers to meet the growing need of trained workers in the garment industry. An amount of Rs 96 million has been approved for the scheme from the Export Development Fund and necessary infrastructure facilities have been managed