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At the annual function of All Pakistan Textile Processing Mills Association (APTPMA), Textile Minister - Mushtaq Ali Cheema announced that national textile policy will be declared by the middle of August.Cheema informed that policy, which is to be announced after national trade policy will cover all the left matters, which were not covered to in the federal budget 2005-06.Responding to APTPMA? appeal for zero-rating of caustic soda imports, Cheema stated Government is seriously mulling to reduce
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President Bush stirred up the Group of Eight Summit this week by proposing that the EU drop all agricultural subsidies around $112 billion per year, given to the farmers by wealthy countries, by the year 2010 simultaneously. The pretext for doing this is to benefit African countries by expanding access to developed countries' markets. This comes as WTO negotiators begin intense discussions on agricultural issues that could lead to a tentative agreement by early August. That President Bush would
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Three categories of clothing were nearly filled on yesterday night with U.S. port authorities expected to close doors today or tomorrow. Beijing ordered halt in shipments of a further fourth category, in addition. Sino-U.S. trade talks are under way to resolve trade differences and reach a comprehensive agreement.
As predicted, three of the seven restricted categories were nearly filled on Wednesday, 6 July. All subsequent shipments of these three products arriving henceforth in U.S. ports wer
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According to Ministry of Industry reports, the footwear industry? export turnover was registered only US$1.4 billion in the first six months of the year, just 2.8 per cent higher than the same period last year.The ministry's experts attributed the gloomy picture to intense competition with Chinese products, as China can produce raw materials for local producers while Viet Nam has to import about 70 per cent of total raw material volume used for exports.Some countries in the region, which were hi
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China's leather footwear sector may become the second aim of European Union (EU) anti-dumping charges by as early as next month, according to the China Leather Association (CLA). "According to our information, the EU is proposing a new round of anti-dumping investigations against a wide range of leather shoes from China," said Wei Yafei, the association's spokeswoman. This anti-dumping probe, which is predicted to cover nearly 30 classes of shoes, could be a big blow to Chinese manufacturers. "I
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More than 10 clothing factories in Lesotho have shut down in recent months.The textile and clothing manufacturing industry is not a sustainable option for Southern Africa in the long term, according to a UN economist. The sector - one of Southern Africa's few export industries - is struggling to compete in a quota-free global market.Manufacturers have been hard-hit by the termination of the Multi-Fibre Agreement (MFA), which came to an end in January this year. The MFA was introduced 30 years ag
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The International Cotton Advisory Committee (ICAC) anticipates a two percent rise in worldwide cotton consumption to 109 million cotton bales in the 2005-06 year due to higher increase in textile output in ChinaAs per the report of ICAC, world consumption is expected to rise at a record of 23.7 million tons or 109 million bales in 2005-06, up half a million tons or 2 percent.Cotton consumption in China is likely to reach 8.6 million tons in 2005-06, up 5 percent on this season and exceeding anti
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Workers to file complaint against illegal, unfair trade practicesA group of Canadian workers is taking unprecedented action this week to stem the flow of Chinese imports devastating Canada? clothing and textile industry. The industry, Canada? 6th-largest manufacturing sector, is under siege since China joined the World Trade Organization and started flooding Canadian markets. Now, members of the union UNITE HERE Canada, which represents workers in Canada? clothing industry, will appeal to the Ca
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Genencor International Inc, announced the availability of an innovative product for the textile processing industry, which offers manufacturers greater flexibility and more efficient processing during the hydrogen peroxide elimination step.OXY-GONE T400 catalase is a highly robust, thermostable liquid enzyme that is active in a wide range of temperatures and pH values, and is least susceptible to hydrogen peroxide. The product is easy to formulate, shows great stability, and provides significant
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ROK. When the EU and US released restriction policies the Dalian Association of Clothing Industry and large numbers of garment export companies reached another consensus - to vigorously forge the concept of "Dalian-made" and to eventually realize the goal of making "Dalian-made" a brand representing high quality in the international textile market.
Going global - market diversification is an effective way
Some textile companies that have overseas production bases were not worried on hear