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  • As of January 2006, over 600 exhibitors from 17 countries and regions have signed up to participate in the sixth Intertextile Beijing, scheduled for 28 ?30 March 2006 at the Beijing Exhibition Centre. Among them Germany, Italy, Japan, Korea, Thailand and Taiwan will return with national pavilions. The overseas exhibitor? participation has grown by 10 percent demonstrating the show's importance for global textile traders. The Thai pavilion will be organized by the Thailand Department of Export Pr
  • The Korean textile manufacturing industry has made a strong showing at Interstoff Asia Spring 2006, with a national pavilion under the heading ?ynamic Korea? The pavilion displayed silks from the famed Korean Jinju region in Korea for the very first time. The fair, which took place from 22 ?24 March 2006 at the Hong Kong Convention & Exhibition Centre, was selected for a major promotional push by the Korean Fashion Textile Association because of the high number of international fabric buyers
  • Dubai? leading role as the textile trading hub for the Middle East, South Asia and Africa region has been cemented as studies indicate that two of Asia? economic giants, China and India are posting major gains in the world textile and clothing exporting markets in the post Multi Fibre Agreement Era. Manufacturers from India and China have been flocking to Dubai in order to gain access to the highly lucrative market in the Middle East region, as was manufacturers from elsewhere in the world.
  • US importers have been paying considerably more for many categories of Chinese apparel in January than they were in 2005. Unit values, especially in restricted categories, have clearly increased whilst there has also been rises for clothing in non-restricted categories. US retailers paid a lot more for imported Chinese apparel in January than in 2005, US Department of Commerce data confirm. At the same time, there has been a big slow down in the rate of goods under quota entering US ports. Th
  • The European Commission agreed on Thursday to adopt duties on shoe imports from China and Vietnam in a dispute over alleged dumping of cheap footwear from the two countries. Trade commissioner Peter Mandelson has proposed duties of 16.8 percent against Vietnam and 19.4 percent on China, to be phased in over five months, starting at 4 percent in April. The tariffs will add about 1.44 euros to the price of a pair of shoes, and to help poor families, the duties will not be imposed on children's lea
  • EUROSTAT reported that the Industrial new orders down by 5.9 percent in euro-zone and EU25 down by 3.8 percent in January 2006.The euro-zone1 industrial new orders index2 fell by 5.9 percent in January 2006 compared to December 2005 after rises of 5.3 percent in December3 and 4.9 percent in November. EU25 new orders decreased by 3.8 percent in January 2006, after increases of 5.8 percent in December3 and 3.5 percent in November. In both zones these changes were strongly influenced by erratic ord
  • US Customs and Border Protection (CBP), made a great breakthrough in an endeavor to enforce U.S. trade laws and regulations, has seized $6 million textile products since February 24, 2006. This brings the total amount of textile goods seized in FY06 to more than $20 million. In the past three weeks 26 seizures were made. Almost all of those seizures were based on the violation of Chinese safeguard/quota requirements. "CBP is charged with enforcing trade laws and we continue to be focused on
  • The European Union will impose duties on some leather footwear from China and Vietnam next month that may add as much as10 euro to the price of a pair of shoes - and risks a backlash from China. The EU imported 5 billion euro, or US$6 billion, worth of shoes from China and Vietnam in the past year. On Wednesday, it agreed to impose tariffs starting at 4 percent, rising to a maximum 19.4 percent after five months, on some imports from the two nations starting April 7. The duties, which will
  • The strategic partnership between China and Russia has helped the two countries boost their trade to new level and expand their cooperation in energy, science, technology, telecommunications, finance and transportation. Figures from Chinese customs showed the trade volume between China and Russia in 2005 reached 29.1 billion U.S. dollars, up 37.1 percent year on year, which was 14 percentage points higher than the growth rate of China's total foreign trade. China is now Russia's fourth l
  • Karnataka government is all set to invest about Rs1400 crore to develop seven incorporated textile parks within next two to three years, by means of public private partnership (PPP).Mahendra Jain, Secretary, Commerce and Industries Department of the state said that the government plans to offer the latest infrastructure facility for these seven parks.Special purpose vehicles (SPVs) will be utilized and the government will provide upto almost 40 percent of the charges, ranging below the upper lev
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