Post elimination of quotas, Moroccan textile sector has recorded massive growth, statistics reveal. In the year 2004, a 30 percent drop was recorded in the sector, but Free Trade Agreement (FTA) with the United States helped the country make up for the loss.Jamal Eddine El-Jamali, Director, Industrial Production in the Ministry of Industry and Commerce, quoted that the surge in the investments was recorded only after the Free Trade Agreement with the US.Fruit of the Loom (FOL) and Italian textil

Overall exports from Israel, excluding that of diamonds, registered a 29 percent increase in 2005, to reach US $232.6 million.Egypt and Jordan served as top export destinations where majority of the trade was in context of qualified industrial zones (QIZs) for the combined production of duty-free goods exported to the US. Apart from direct exports to Arab countries, goods worth $12 million were exported indirectly by joint projects of Arab and Israeli companies in third countries. Israeli export

Of the total sensitive items imported by the country, cotton and silk have in particular shown decline at broad group level during the period April-November 2005.A Commerce Ministry release informs that total import of sensitive items for April-November 2005 was Rs.10756 crores compared to Rs.12452 crores during the corresponding period of 2004.This showed a 13.6 percent drop. Gross import of all commodity during same period of current year stood at Rs.373006 crores compared to Rs.298287 crores

Chinese textile exports to Brazil have increased in the past year putting Brazilian manufacturers under pressure, said Brazilian Trade Ministry.Following this critical situation, Brazil signs up an agreement with China in Beijing to prevent Chinese textile exports to Brazil, informed Ivan Ramalho, Trade Secretary of Brazil.The agreement is to be signed up by China's Vice Commerce Minister Gao Hucheng and Ramalho.According to this agreement, Brazil will impose quotas on eight types of Chinese tex

Vietnam is in danger of quickly using up quotas in some apparel categories raising the possibility of early embargoes. US importers apparently shifted orders to Vietnam, following last year's poor experience with China. The country is however reeling from a quota corruption scandal that has named the Trade Minister as having been personally involved. The government's allocation process has also been criticised by leading exporters. Some categories of Vietnamese apparel exports to the US could

"Pakistani textile exports are subject to one of the highest tariff rates," says a new report of the Planning Commission urging the EU authorities to review their high tariffs for Pakistan. Average applied tariffs on clothing products are even larger at 45 per cent for Pakistan and India. Indeed these over and above tariffs applications are greatly hampering Pakistan's exports to developed countries, the report further regretted. The report also fears that Pakistan will have to rely on foreign

Vietnam is in danger of quickly using up quotas in some apparel categories raising the possibility of early embargoes. US importers apparently shifted orders to Vietnam, following last year's poor experience with China. The country is however reeling from a quota corruption scandal that has named the Trade Minister as having been personally involved. The government's allocation process has also been criticised by leading exporters. Some categories of Vietnamese apparel exports to the US could

The country has a deficit of about 2430 million meters of textile, Textile and Jute Minister Shajahan Siraj informed parliament Monday. Replying to Golam Mohammad Siraj (BNP-Bogra), he said the government has declared the textile as thrust sector for its development and is gradually reducing import duty and tax on capital machinery, construction material and spare parts needed for this sector. Besides, he said the interest rate on long- and short-term loans is also being gradually reduced to

Singapore`s Textile and Fashion Federation announced Tuesday several projects worth 11 million Singapore dollars (about 7 million U.S. dollars) in a bid to boost the development of the industry. According to a press release by the International Enterprise Singapore (IE Singapore), the city state`s external economy promotion agency, key projects include the establishment of a Productivity and Design Development Center and attracting more buyers to the annual Singapore Fashion Week. Scheduled to b

China agreed to limit textile exports to Brazil, where the government says the products are threatening local industry. The two countries will sign an agreement tomorrow, the Brazilian Trade Ministry said. The accord, to be signed in Beijing between Brazil's Trade Secretary Ivan Ramalho and China's Trade Vice-Minister Gao Hucheng, will set quotas for eight types of Chinese textile exports to Brazil, according to the ministry's Web site. The products account for 60 percent of Brazil's textile