KARACHI: Around 15 Italian textile machinery manufacturers have confirmed their participation in IGATEX 2006 exhibition, commencing from April 26 to 29 at Karachi Expo Centre.A leading importer of textile and leather garments machinery, Abdul Quddus Ghouri, on Wednesday said Italian machines are well-known and much appreciated. Pakistan imported Italian textile machinery worth around 73 million euros in 2005.He said Pakistan needed to improve quality of its textile products. The complete elimina

Want an elegant qipao, a trendy suit or safari togs? Those with a penchant for tailor-made cloths will have to look around a bit to find the city's famous fabric market, which moved over the weekend to a new location about 500 meters from its old site on Dongjiadu Road. Many vendors say they will keep prices down to encourage customers to seek out the new location. Keeping prices down will be tough in the long run, however, as rents at the new location are higher than they were at the old mark

A week after the European Union announced an antidumping tax on Chinese shoes on March 23, the EU and the United States have filed a WTO complaint against China over auto parts and the EU said it would resume an antidumping tax on Chinese color televisions. Three trade disputes in ten days have sparked concerns that China needs to change its mechanism for trade development. WTO statistics showed that from 1995 to 2005, China was subject to more antidumping investigations than any other membe

India? textile and clothing exports are about to transcend $15 billion limit this fiscal after achieving $13.04 billion in last fiscal.Post-quota regime in textiles opened up important markets like the US and the EU, informs a source from the Textile Ministry.Country? textile export composed of fibre, yarns, fabrics, made-ups, garments, handicrafts including carpets, handloom and jute earned the country $12,326.66 million during the first nine months of fiscal 2005-06, against $9873.37 million i

China has presented a proposal to create a regional apparel federation consisting of apparel exporting countries of Asia.This federation will help further develop and take maximum advantage of the trade opportunities created post-textile quotas.Experts from all the Asian countries including the least developed countries (LDCs), are considering the pros and cons of this proposals.Several analysts believe that China is aiming to unite all the Asian apparel exporters so that they have a better chan

Vietnam footwear export market continue its firm growth as over 23 percent rise in sales was registered reaching almost US $816 million during the first quarter of this year.This was remarkable considering all the problems caused by the European Trade Commission? anti-dumping duties that will take effect as of April 7.This success was chiefly due to emergence of new important markets like the US and Canada other than the EU.Statistics reveal that the footwear exports in the first two months to t

Dongjiadu Road cloth market was a favorite destination for those seeking textiles, apparel or garments in innumerable varieties from silk, satin or cashmere to cotton and handicraft.An average silk dealer at this market earned around 10000-10500 yuan or US $1,235-1,300 in a single day.Silk fabrics at these stores are priced between 30-100yuan per meter, which is almost 30 percent less than the price in chief silk stores.However, this market has been moved to an enclosed facility, Shanghai South

BEIJING - China is fast catching up to developed countries as a producer and consumer of top-quality clothing because manufacturers are learning more and shoppers are spending more, but financial barriers still hem in the country's massive textile production capacity, industry leaders gathered in Beijing said last week. The fashion appeal of Chinese-made clothes is improving as local producers learn from more advanced countries, such as Italy and South Korea, how to choose fabrics and avoid

Statistical Office of the Republic of Slovenia released the Inflation Rate for the March 2006. It stated that in March inflation rate at 0.8 percent.As in the previous years, this year too in March a relatively high growth of prices was registered; compared to the previous month consumer prices were up by 0.8 percent. In the first three months of this year prices were up by 0.7 percent, while in the first three months of last year they were up by 1.1 percent.In March too the inflation rate was i

The US government is seeking to sort out further problems affecting the Central American Free Trade Agreement (CAFTA), including a 1 April deadline for Honduras and Nicaragua. Products from El Salvador containing inputs from other countries awaiting CAFTA ratification will not be allowed duty-free access in the US resulting in a steep price rise for importers. The troubled US-Central American Free Trade Agreement (CAFTA) is again facing further difficulties that could leave US importers payin