China's textile exports will on the whole remain stable this year, though regional trade disputes will continue, said an industry official. While addressing the 87th China knit and cotton textiles fair held in Shanghai on Thursday, Cao Xinyu, vice-chairman of China Chamber of Commerce for Import and Export of Textiles, said the market environment will be stable after China reaches agreements over textile trade with Europe and the United States. "China's exports to Europe and the United S

The slackness in Brazil? textile and apparel sales prevailing from June to October has turned the corner with the achievement of improved results for December.But man-made fiber sector is still in the red as monthly output of man-made fiber yarn and fabric declined 10.2 percent during December.Output for December registered the lowest level in over five years with double-digit declines recorded for the seventh month in a row.Cotton market share has gained due to sluggish performance of Man-made

The domestic textile sector has finally started firing in the post-quota era. For the first time in the post-quota era, the domestic textile exports to the US have grown faster than Chinese textile exports. In the November-December 2005 period, Indian textile exports to the US increased 40.8% over the same period last year while, at the same time, Chinese textile exports grew 27.6% in the November-December 2005 period. However, that India textile exports to the US still lag way behind China? in

The government struck a conciliatory tone Tuesday in the latest trade dispute with the European Union (EU), saying it hoped talks would stave off anti-dumping duties on Chinese shoe exports to the bloc. The European Commission said Monday it had evidence of dumping by Chinese and Vietnamese exporters of leather shoes after finding manufacturers benefited from state support. The commission, in charge of trade policy in the 25-member EU, declined to comment on measures it could take. But a

Minister of Agriculture and Co-operatives Mtiti Fakudze has stated that the cotton industry was in the process of recovering.The Minister suggested that vacant government land can be turned into cotton farms.Government land measuring over 10,000 hectares next to Ndzevane in Big Bend is very fertile and it can be used for cotton farming, said Fakudze.The textile industry of the country will be able to buy cotton locally.Cotton is presently imported from Zimbabwe, Zambia and Mozambique by many tex

Experts from the eight member States of the West African Economic and Monetary Union (UEMOA) continued discussion to come out with a common declaration on cotton for the sub-region? nations.Results of UEMOA`s participation in sixth World Trade Organisation Ministerial conference held in Hong Kong in December 2005 will be assessed.The results of the discussion will be deliberated at February 23 meeting of the Council of Ministers of Trade of the UEMOA member States - Benin, Burkina Faso, Cote d`I

India and European Union are enjoying great deal of trade activities as EU? statistical agency revealed considerable increase in the trade from both sides.According to the statistical agency, the European Union exported goods worth 19 billion euro to India from January-November 2005, reflecting 24 percent growth over the corresponding period in 2004.India echoed the same spirit and exported goods worth 17.3 billion euro to the EU, with an increase of 17 percent over the corresponding period in 2

Chinese leather shoe manufacturers are likely to face anti-dumping duties of nearly 20 per cent in the European Union (EU) market during the year. An unnamed source close to the situation told China Daily yesterday that the European Commission is likely to impose a 4.8 per cent penalty duty on made-in-China leather shoes beginning this April. The figure will be phased up to 19.4 per cent by October, the source said. Sports shoes and children shoes will be excluded from the scope of the dut

International Monetary Fund has announced in its Selected Issues paper for India states that growth in textile exports to the US and the EU was identical in the post MFA or quotas era.The paper was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with the member country.It clearly cites the performance of Indian textiles sector in the period after the elimination of textile quotas. It states that while "exports from China to th

BEIJING- US customs have seized more than 14 mln usd worth of Chinese textile products since October last year which it says were shipped in illegally to dodge quota restrictions, the South China Morning Post reported. In a move that hurts legitimate exporters, the US government says it will now count these blocked shipments as part of the quota of embargoed textile products it plans to release this year, the Hong Kong newspaper reported. This month alone, US customs seized four mln usd of Chine