Government has allowed Mapeto (DWSM) Limited to import raw cotton as the country is facing its shortage. This has brought temporary relief to the company said, Minister of Trade and Private Sector Development Martin Kansichi.Under the agreement, Mapeto will import raw cotton, process it for export and local consumption.Minister has asked cotton buyers to increase the buying price of cotton to boost farmers' capacity.The buying price of cotton at present is between K22 and K25 per kg.Kansichi inf

Trade and Industry Department of Hong Kong release the Commercial Information Circulars No 120/2006 (Ref - Ref : EIC 631/2/10) .The Mainland of China : 2006 Quantitative Limits Available for Application in the Second Round Regarding Textile Exports to the United States and the European UnionThe Ministry of Commerce (MOC) issued on 27 March 2006 a notice announcing the 2006 quantitative limits available for application in the second round regarding textile exports to the United States and the Eur

Where global competition has been responsible for Carolinas textile and furniture industry job losses, Lake Norman Company is reported to have turned in better performances.Slade Inc has been able to bag orders due to its initiative to venture into world markets.Presently around 60 percent of its business comes from 43 countries, including Italy and China.The company makes material that seals fluids and gases at temperatures as high as 1,800 degrees Fahrenheit and pressures as high as 5,000 PSI.

Vietnam is on the verge of getting World Trade Organisation (WTO) membership as the country has nearly accomplished discussions with other countries.However, at this juncture, some industry insiders do not consider the membership would benefit country's textile industry as the export boom would depend only on the competitiveness of its textile industry.While some believe that the entry in WTO would give opportunity to business with many markets across the world.Now, the country has to come out o

Having now reached the first quarter of 2006, European Union quota fill rates of imported Chinese apparel and textile are still considerably short of exhaustion. Indicators of future imports signal that no immediate rebound is likely but this could see EU retailers being encouraged back to former Chinese suppliers. We are already one quarter the way through the year and EU-China quotas still show no signs of heading towards exhaustion. Categories are far short of the 25 per cent fill rate

BRUSSELS - The anti-dumping duties imposed by the European Commission in late March on imports of leather shoes from China and Vietnam mark the latest stage in a battle over trade policy that increasingly looks like part of a longer war. The war is not just setting the European Union against China and other exporters in Asia; it is increasingly exposing divisions within Europe itself over the fundamental question of its response to increased global competition. The EU provisional anti-dumping du

Kenya should capitalize market opportunities other than textiles in the US, said Matanda Wabuyele, Chief Executive of Export Promotion Council.Addressing the Council, Matanda Wabuyele said US markets were flooded with cotton trousers from China, which increased its exports by more than 1000 percent in 2005, in apparel category.This situation has forced US textile industry to request government to restrict Chinese imports, he added.In January last year, China picked a 35 percent share of the US i

The European Commission has recently formally approved to impose anti-dumping duties on the leather shoes imported from China and Vietnam starting from April 7. The duty, valid for half a year, will start in April 2006 at a certain rate, rising, by October, to a higher rate for China and Vietnam, triggering a more severe shoes trade war between China and the Europe. The EU has gone too far from the so-called "fairness" that they have claimed. Footwear industry, the same with the textile industr

Turkey's trade minister on Monday said the United States supports a Turkish proposal in world trade talks to shield certain textiles and clothing from deep tariff cuts, but U.S. officials said no decision had been made. Turkey, which is a significant textile and clothing producer, made the proposal last week in Geneva and "most of the countries supported it," Turkish State Minister for Foreign Trade Kursad Tuzmen told Reuters after a meeting with U.S. Trade Representative Rob Portman. "The com

Seven textile ventures are to be launched by April 2006 to attract foreign investors.With this investment programme, Uzbekistan is to increase production of light industry.The country expects increase in production of cotton yarn by 33,300 tons, 37 million metres of fabrics, 2,200 tons of stockinet and 3.8 million ready knitwork and garments.According to Enterprises of Uzbeklegprom (Uzbek Light Industry), total investment of seven enterprises amounts to US $50.1 million.The programme includes 94