LAHORE: The growing shortage of skilled labour is adding to the worries of textile industrialists who are of the view that the government should immediately set up training institutes to overcome the shortage and Export Development Fund (EDF) contributed by the textile exporters be used for the purpose.Industrialists say training facilities should be set up on war footing. According to them, there is no need to construct new buildings because training facilities can be set up in existing governm

The United States signed a three-year textile-trade deal with China that limits imports on 34 categories of Chinese products. The EU reached a similar agreement with China during the summer. A dispute has been rumbling since January, when World Trade Organization rules lifting barriers to entry on Chinese clothes came into effect, causing a surge in imports. The euro fell to a two-year low against the dollar. Trading in the currency was affected by a plea from European finance ministers to the

Whether they oppose or support stringent quotas, members of the local apparel and retail industries agree on this much: the latest deal between the United States and China to limit clothing and textile imports is an improvement on the current system. The new three-year deal, set to go into effect on Jan. 1, will curb the influx of Chinese goods on 34 textile and clothing categories from sweaters to wool suits to swimwear. Imports in most categories would only be allowed to grow between 10 perc

KARACHI: Home textiles are maintaining a good growth rate in the country and are attracting more buyers than ever before, industry sources said on Monday.The linen sector is experiencing very good growth, as more companies are being attracted to this sector. Manufacturers and exporters said almost all existing players were operating at full capacity and a number of cotton-spinning companies were also moving into home textiles as they saw prospects of further growth.If there was no change in the

The 2005/06 US forecasts include higher production, exports, and ending stocks relative to last month. Beginning stocks are reduced 112,000 bales, reflecting the final estimate of 2004/05 ending stocks by the Census Bureau. Production is raised 2 percent to 23.2 million bales, due to higher production in all regions except the far West. Domestic mill use is unchanged, while exports are raised 200,000 bales. Ending stocks are 1.6 percent above last month, and the stocks-to-use ratio is 29.3 perce

Detailed reply has been sought by the Vietnamese Prime Minister from the Trade Minister on his and other officials' role in a textile export quota scandal, which led to the arrest of a deputy minister.The US has imposed quota restrictions on imports from Vietnam. A serious scam emerged last year when police booked a dishonest official who alledgedly took huge graft to dole out quotas to textile companies.The scam involoved 17 officials of ministry including deputy trade minister Mai Van Dau and

Two months after the end of an EU-China trade row on textiles, a new disagreement looms over shoes and cars, with European retailers lobbying Brussels to refrain from new protectionist measures against Beijing.According to UK daily the Telegraph, a British group of retailers travelled to Brussels on Wednesday (9 November) to urge the European Commission not to impose additional "antidumping" tariffs on cheap Chinese shoe imports.Brussels is currently investigating whether the Chinese are "dumpin

New Delhi: The United States has assured India that it would not impose restrictions on Indian textile imports on the line of curbs on the Chinese textile imports since the WTO agreement on lifting of quota had provided the U.S. safeguards only against China. "It will rather help countries like India," U.S. Trade Representative Rob Portman said here on Saturday. The U.S. and China have signed a comprehensive bilateral textile agreement that will ensure "stability and predictability" for Americ

Among 25 categories of export products to Turkey, cat 6 and cat 35 have seen the highest ratio of export, at 72.19% and 62.44% respectively. Cat 21 is third at 40.54%, and cat 161 fourth with 26.70%. As for the remaining 10 categories, export ratio is less than 10%, with no export of cat 14 to Turkey so far this year. Exports to the US seem to be better since the Inter-ministries of Industry and Trade decided to apply an auto-visa granting scheme. Export ratios of several ‘hot’ ca

South African-based Turkish-owned textile group, Sesli Textiles, has successfully completed transfer of its manufacturing operations to a new, 30 000 m2 factory in Robertville, Johannesburg, to accommodate increased local and export demand.The company supplies markets via wholesalers and chain stores throughout Southern Africa. The new factory and its hi-tech equipment represents a multi-million-rand direct investment in South Africa.Local yarn manufacture is planned for next year and further in