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  • US textile imports from China during February were substantially lower compared to the same month one year earlier according to US preliminary data. Apprehensive over supply disruption and embargoes, importers last year placed fewer orders with China. Shipments in restricted, as well as non-limited categories were all significantly lower compared to last year's surging volumes. Categories restricted under by the China-US textile deal in 2005 have all seen shipments falling. This has come of no s
  • Trade and currency tensions are quietly rising between China and the United States, and to a lesser extent between China and the European Union. But international trade rules and a tight congressional calendar are limiting the options of politicians and negotiators, who increasingly might want to limit China's exports. Chinese exports to the United States exceed American shipments in the other direction by nearly six to one. That means that nearly across the board, from textiles to steel to pi
  • Government was having discussions with China to restrict its import of textiles into South Africa.in the event of such a deal being finalised, it will be on a temporary basis, said Elizabeth Thabethe Deputy Trade and Industry Minister.The Industry should be ready to take advantage of such an eventuality if it arises, Thabethe said. Government is putting in efforts to transform textile sector to be able to compete effectively in the global competition. Source:
  • British Retail Consortium (BRC) released the Retail Sales Monitor (RSM) for the month of February 2006. It stated that the retail sales in UK during February 2006 rose 0.6 percent on a like-for-like basis against a weak comparative in February 2005, when sales had fallen. The three-month trend rate of growth weakened in February to 0.9 percent from 1.1 percent in January for like-for-like sales, but rose to 4.2 percent from 3.6 percent for total sales, reflecting the continued growth of retail s
  • Notice to Exporters: Series 2 (EU) No. 4/2006Certificate of Origin Circular No. 3/2006Certificate of Hong Kong Origin Requirementsfor Textiles Exports to the European UnionThis circular informs the trade of the modified Certificate of Hong Kong Origin (CO) and Outward Processing Arrangement (OPA) requirements for exports of shirts and blouses to the European Union (EU) with effect from 16 April 2006.CO Requirement for Export of Shirts and Blouses to the EUUnder the EU proof of origin requirement
  • Developing countries will watch their textile and apparel export sectors vanish if the World Trade Organization fails to attack the issue of growing Chinese trade domination, according to the US-basedNational Council of Textile Manufacturers. At a WTO meeting in Geneva, which centred on the idea of a textile sectoral, NCTO said China is racing toward monopoly status in apparel categories that were not covered by quotas in the US or the EU in 2005. NCTO released a review of global trade figures
  • The 2005 results of Israel? textile and fashion industry demonstrated real growth in sales by 1-1.5% to $2.03 billion, alongside further lay-offs. The number of textile workers fell by 1,500 last year, mostly caused by the closing down of 12 sewing workshops. All of these sewing workshops were in outlying areas, and in Arab and Druze communities, areas already suffering from high unemployment and limited job opportunities. In the decade since 1995, the number of textile workers has plummeted 6
  • WASHINGTON: US textile imports from China dived downwards in February compared to one year earlier. Shipments in restricted, as well as non-limited categories were all significantly lower compared to last year's surging volumes. Concerned over supply disruption and embargoes, importers last year placed fewer orders with China. The sources said here on March 06. US textile imports during February are much lower than during the same month one year earlier, according to US preliminary data. Categ
  • A wealth of new textiles will be available in the coming years. This was revealed by the forum TextileTrends, which took place in Berlin in mid- February. Around 150 national and international textile experts spent two days discussing the opportunities and demands of the textile industry. Focal topics were technical and functional textiles.The textile industry will experience an upturn in the coming year, says Professor Roshan Shishoo, Swedish textile consultant and Chairman of the event.He clai
  • AHMEDABAD: This could be the beginning of another Indo-US alliance, that the Chinese may not like. Close on the heels of the high-profile visit by the US President George W Bush last week, when US and India inked a nuclear deal, the Indian and American textile industries are getting together to explore possibilities of a bigger partnership. As a part of a national event to be held this month in Ahmedabad, biggies from the textile sector will do some brainstorming to accelerate textiles exports t
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