From four European Union countries, representatives of 50 textile giants are going to visit country in February, so that they can identify the partners for outsourcing production, to collaborate in every stage of production in the textile industry from yarns to garments, as said by Rajamani Krishnamurti, Deputy Director of the Confederation of Indian Industry on January 02. England, Germany, France and Hungary are the European players who are looking at outsourcing manufacturing in `technical

BEIJING, China (UPI) -- The Sino-U.S. textile agreement has gone into effect, imposing quotas on 21 types of clothing and textiles from China by 2008. After seven rounds of talks, the United States and China signed a three-year agreement on textile trade in November, clearing a major obstacle to bilateral trade, the news agency Xinhuanet said Tuesday. The agreement provides for a progressive increase in imports of major Chinese textiles and apparel products -- by 10 to 15 percent this year, 1

A significant 6 percent drop in chemical fiber imports has been predicted by the Chemical Fiber's Association of China.Thus China's imports of chemical fiber will touch 1.4 million tons in 2006, due to growing domestic output.Growth of China's chemical fiber industry has been forecast at 8 percent between 17.5 million and 17.6 million tons in 2006.This rebound in the industry will be due to growing demand from China's textile industry, backed by oil prices goign stable worldwide and many new Chi

Washington and Beijing inked an agreement to regulate textiles and apparel trade between the two countries in November 2005, which will came into effect from January 1, 2006.This was necessitated because some imports into US, such as cotton trousers, had jumped beyond 1000 percent in 2005 due to ending of global quota system.Intense Chinese competition had put US textiles industry into dire straits and nearly 400,000 jobs were lost since 2001.The US tried to keep the situation on an even keel in

The export quotas online bid invitations caused overcrowding on China's official website in December 2005 as the manufacturers prepared for a Sino-US agreement on 21 types of textile and clothing product that became effective from January 1, 2006.The China Chamber of Commerce for the Import and Export of Textiles (CCCT) said that the heated online bid caused congestion on official website for bid invitations. In response, the government had prolonged the bid period by another 24 hours early last

The new products of Asian Textile Mills would be well received and likely to earn good foreign exchange, said Minister for Commerce Altaf Hossain Chowdhury at the occasion the launching ceremony of the new line of products of Asian Textile Mills Ltd.Asian Textile Mills was fulfilling the local demand as well as exporting goods at huge volumes. He assured of the continued support from the government.The ceremony was presided over by Chairman of the Mills Harun-Ur- Rashid. It was addressed by Vice

HANOI: The Vietnam Garment and Textile Association and Taiwan Textile Federation has signed a textile and garment co-operation agreement, said president of Vitas Le Quoc An to our sources on December 28. Due to its deal with Taiwan textile industry, country's textile and garment industry has set its eyes on future expansion. As per the agreement, the two sides will improve their co-operation in the textile and garment industry with Taiwan, which assists Vietnam to improve its expertise in fashio

The long-awaited agreement between the South African government and China, for stopping imports of cheap clothing and textile to arrest the decline of domestic industry, is to be finalized soon, announced the Trade and Industry Deputy Minister Rob Davies, yesterday.The agreement would be similar to that which was signed between European Union (EU) and China, earlier this year, he added. The deal involved an agreement by China to stop the growth in imports of 10 Chinese textiles and clothing prod

German clothing makers were buoyant to expand their businesses this year, while most textile manufacturers performed low due to continued weak consumer spending and the elimination of quotas at the beginning of January.A research carried out by TextilWirtschaft, a German fashion business journal, shows that 84 percent of clothing manufacturers saw sales rise in 2005. Three-quarters of respondents said they increased profits in the year. Rising sales and profit made positive impact on investments

In a move to strenghten and improve China-Africa cooperation, leaders from China and African countries will meet in Beijing in autumn next year.Sources revealed that to discuss how to improve China-Africa friendly and cooperative ties, a diplomatic source with the Chinese Foreign Ministry informed media, Tuesday. Current trade trade volume as per official figures state that the trade between the two which stood at $1 billion in 2000 grew to over $34 billion in 2005. Acknowledging this fact, Khal