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

World Trade Organization has put across Turkish textile plan of safeguarding certain textiles and clothing from deep tariff cuts as strange. The WTO's 149 member states are seeking agreement on cutting tariffs across the world economy, but Turkey with the backing of some producers such as Mauritius, wants textiles made a special case. The Turkish proposal, made last week to the WTO negotiating committee on industrial tariffs, was firmly opposed by China, which accused Turkey of attempting to re-

The National Trade Estimate Report release by the Office of the United States Trade Representative has covered the subject of China textiles as follows."China claimed the measures were needed to avoid uncertainty among Chinese textile exporting firms, to encourage exports of high value added items and to avoid rent seeking in license distributions. Under the June 2005 measures, MOFCOM, China Customs and AQSIQ jointly issued and made adjustments to a catalogue of subject items, listed by tariff c

AHMEDABAD: The Ahmedabad-based Chiripal group, which has interests in textiles as well as petrochemicals, is in the process of setting up a textile park in Ahmedabad district. The company is awaiting a clearance from the project approval committee of the Union textile ministry. Chiripal group? executives say the park will attract an investment to the tune of Rs 800-1,000 crore. The park, which will come up on 100 acres of land in Bareja, will mostly house weaving, spinning and texturing units. ?

Shoe traders from Tunisia and producers of raw materials from Brazil signed an agreement this month for the development of this sector.With the supply of Brazilian inputs to the Tunisians as chief purpose of this agreement, both countreis expect commercial ties between business groups from both sides.The two countries will also share knowledge regarding the sector.The agreement was signed between the Brazilian Association of Shoe and Leather Components Industries (Assintecal) and the National Fe