Turkish duty on US cotton to hit competiveness of its own textile exports

News Tags: drive up costs for Turkey textile producers, hurting competitiveness of their exports, imports hurting domestic cotton production, Turkey plan to impose three percent anti-dumping duties, Turkey second-biggest buyer of U.S. cotton, Turkish courts, U.S. cotton farmers fight the decision, U.S. cotton has specialty uses, U.S. cotton imports, WTO

Ankara
Turkish duty on US cotton to hit competiveness of its own textile exports
Summary: 
Turkey’s plan to impose 3 percent anti-dumping duties on U.S. cotton imports saying that imports were hurting domestic cotton production. But this will drive up costs for its own textile producers, hurting the competitiveness of their exports, said the head of an industry group.

Turkey’s plan to impose 3 percent anti-dumping duties on U.S. cotton imports saying that imports were hurting domestic cotton production. But this will drive up costs for its own textile producers, hurting the competitiveness of their exports, said the head of an industry group.

The spat is likely to put strain on trade relations between one of the world’s top fiber growers and one of its biggest customers at a time of weak global prices and demand.

http://www.hurriyetdailynews.com/turkish-duty-on-us-cotton-to-hurt-its-own-textile-exporters-association-.aspx?PageID=238&NID=98008&NewsCatID=345
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Bangladesh readymade garment despite adverse circumstance has strengthen its position

News Tags: adverse circumstances, Bangladesh readymade garment sector, BGMEA, competitors, consolidated position, garment export, joint effort, work environment, WTO

Dhaka
Bangladesh readymade garment despite adverse circumstance has strengthen its pos
Summary: 
Bangladesh readymade garment sector despite of the Rana Plaza tragedy, political uncertainties, clashes and conflict is displaying continued strength which is extremely encouraging. According to the WTO report, Bangladesh has consolidated its position more than its competitors in the sector.

Bangladesh readymade garment sector despite of the Rana Plaza tragedy, political uncertainties, clashes and conflict is displaying continued strength which is extremely encouraging. According to the WTO report, Bangladesh has consolidated its position more than its competitors in the sector.

There is a steady continuity in the development of our readymade garment sector. The country's readymade garment exports continue to increase. In 2009 Bangladesh stood in fifth place in this sector and the very next year it jumped to number three.

http://en.prothom-alo.com/opinion/news/55852/Progress-in-the-readymade-garment-sector
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DGFT seeks to phase out the export subsidies of textile sector in coming FTP

News Tags: attained export competitiveness, Directorate general of Foreign Trade, export subsidies, FIEO, foreign trade policy, Indian textile sector, phase out, textile share in world trade, WTO, WTO norms

New Delhi
DGFT seeks to phase out the export subsidies of textile sector in coming FTP
Summary: 
As India attained export competitiveness in the textile sector in 2008-09 and as per the threshold set by the World Trade Organization (WTO), it has to phase out the export subsidies provided to the sector by 2018.

As India attained export competitiveness in the textile sector in 2008-09 and as per the threshold set by the World Trade Organization (WTO), it has to phase out the export subsidies provided to the sector by 2018.

The Directorate General of Foreign Trade (DGFT) department has prepared made a case in writing to the department of revenue asking it to not provide incentive to the textile sector in upcoming foreign trade policy (FTP) which is likely to be announced next month, as India has reached the export competitiveness in the sector.

http://indianexpress.com/article/business/business-others/wto-commitment-dgft-seeks-paring-of-textile-sector-incentives/
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China decide on not increasing cotton import quota beyond 894,000 tonne next year

News Tags: Chinese cotton industry, cotton import quota, cotton yarn, domestic cotton production, domestic price, domestic textile enterprises, ginned cotton, NDRC, subsidize farmers, WTO

Beijing
China decide on not increasing cotton import quota
Summary: 
China’s domestic cotton output this year is projected to reach 6.5 million tonnes,, down by 500,000 tonnes from the previous year, while demand will be around 8.5 million tonnes, resulting in a supply gap of 2 million tonnes.

China’s domestic cotton output this year is projected to reach 6.5 million tonnes,, down by 500,000 tonnes from the previous year, while demand will be around 8.5 million tonnes, resulting in a supply gap of 2 million tonnes.

To control import of cotton yarn, China has decided not to increase its cotton import quota next year beyond the 894,000-tonne quota it promised when joining the World Trade Organization and also to guide domestic textile enterprises to use more homegrown cotton.

http://shanghaidaily.com/article/article_xinhua.aspx?id=242362
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Cotton-to-Clothing Export Strategy to be launched by Zimbabwe to revive its cotton and textile industry

News Tags: Bulawayo, C2C, Cotton-to-clothing export strategy, economic growth, farmers, garment, indaba, ITC, textile producers, UN, WTO, Zimbabwean cotton and textile industry

Zimbabwe
Cotton-to-Clothing Export Strategy
Summary: 
Cotton and textile industry play a significant role in Zimbabweans economic growth and development. The International Trade Centre (ITC) a joint agency of the World Trade Organisation (WTO) and United Nations (UN) made an announcement that Zimbabwe will be launching the Cotton-to-Clothing (C2C) Export Strategy at an indaba in Bulawayo next week

Cotton and textile industry play a significant role in Zimbabweans economic growth and development. The International Trade Centre (ITC) a joint agency of the World Trade Organisation (WTO) and United Nations (UN) made an announcement that Zimbabwe will be launching the Cotton-to-Clothing (C2C) Export Strategy at an indaba in Bulawayo next week

The strategy is funded by the European Union (EU) under the EU-Africa partnership on cotton. The indaba will be held on September 26

http://www.thezimbabwean.co/business/manufacturing/73449/zimbabwe-to-launch-cotton-to.html
0

Kenya need to streamline activities with trade policy tools to aid textile and apparel sector

News Tags: AGOA, anti-dumping measures, cotton farming, cotton sector, EPZ textile companies, Kenyan textile industry, labour intensive value chain, liberalisation policies, mitumba, Rivatex, second hand clothes, WTO

Kenya
Kenya need to streamline activities with trade policy tools
Summary: 
Kenyan textile industry was flourishing in the 1980s before the influx of ‘mitumba’ into the country. Companies such as Rivatex offered jobs and clothed Kenyans in new clothes while Cotton farming in Nyanza and Western gave farmers a livelihood and provided cotton for the sector. This labour intensive value chain employed many Kenyans and significantly contributed to the fiscal revenue through taxes payable by the companies. Liberalisation policies followed a short while later and killed the sector.

Kenyan textile industry was flourishing in the 1980s before the influx of ‘mitumba’ into the country. Companies such as Rivatex offered jobs and clothed Kenyans in new clothes while Cotton farming in Nyanza and Western gave farmers a livelihood and provided cotton for the sector. This labour intensive value chain employed many Kenyans and significantly contributed to the fiscal revenue through taxes payable by the companies. Liberalisation policies followed a short while later and killed the sector.

http://www.capitalfm.co.ke/eblog/2014/09/15/trade-policy-tools-can-aid-textile-and-apparel-sector/
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