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Related Keywords: Alan Gemmell OBE, Director of the British Council in India, educational relationship, looking at partnership programmes with Andhra Pradesh, range of sector in AP State, traditional textile, UK

UK are looking at partnership programmes with Andhra Pradesh in traditional textile and educational relationship besides a few other areas in this State, said Alan Gemmell OBE, Director of the British Council in India, who was in the city on Wednesday as part of his introduction visit to the southern States where the British Council can collaborate on wide-ranging issues.

Accompanied by Andrew McAllister, Deputy High Commissioner, British Deputy High Commission, Hyderabad, and a few other officials, Mr. Gammell had a meeting with Chief Minister Chandrababu Naidu.

Related Keywords: Bangladesh garment exports, by government of China and Japan, duty benefits on woven garment, fast-expanding middle class population, garment exports soared, governments financial incentive for new markets, promising Asian market, relaxation of the rules of origin, seen eleven new destination, stimulus package, Two new markets China and Japan

Bangladesh has seen increased garment exports to 11 new destinations since 2009, including Japan and China, partly because of the government’s financial incentives for new markets. The stimulus package has been working well, said Mahmud Hasan Khan, vice-president of Bangladesh Garment Manufacturers and Exporters Association.

The two new markets Japan and China are promising markets for Bangladesh. Garment exports to China and Japan, soared in fiscal 2015-16 — the strongest sign yet of the growing stature of Bangladesh’s apparel sector in global trade.

Related Keywords: commissioned fully automated textile plant, completed work in just about nine months, diversified yarn manufacturing company, fastest constructed textile plant, manufacture combed compact yarn, one lakh spindles, part of Shri Vallabh Pittie Group, SVP Global Ventures, under Resurgent Rajasthan project

SVP Global Ventures, a part of the Shri Vallabh Pittie Group and a diversified yarn manufacturing company, has commissioned fully automated textile plant with one lakh spindles having manufacturing capacity of 22,000 tonnes per annum at Jhalawar in Rajasthan.

Mr Chirag Pittie, Managing Director of SVP Global Ventures said that this is the fastest constructed textile plant in the world having completed the work in just about nine months on 25 acres of land. It is also among the first few plants to be commissioned under Resurgent Rajasthan project.

Taiwan origin 3D bright ASF tow offers were flat at US$1.55-1.65 a kg while offers for regular products rolled over on the week. In China, medium-length staple fiber and cotton-type staple prices remained unchanged on the week in Yuan terms but down US cent 1 a kg, due to weak Yuan.

Acrylic staple fibre prices were kept stable in China and India seeing producers maintained unchanged offers. Upstream, acrylonitrile prices rose, providing cost support to ASF markets. Downstream buying interest remained subdued, as yarn and fabric sales were dismal due to slack season.

Related Keywords: acrylic staple fibre, acrylonitrile prices, ASF prices, asf prices in China, asf prices in India, asf prices in Pakistan

The CFR Far East Asia, the Asian ACN marker, was up US$5 a ton in the first week of July. In China, offers for offshore cargoes were stable during the week. Acrylonitrile prices inched up further in Asian markets that week as supply in Northeast Asia remained tight due to various plant shutdowns. In China, spot markets softened slightly that week, though majors offered flat.

Related Keywords: Acrylonitrile price in Asia, Acrylonitrile price in Europe, Acrylonitrile price in USA, asf producers, chemical grade propylene

Related Keywords: Bangladesh became largest cotton importer worldwide, Bangladesh number one importer of cotton now, China stopping cotton imports, due to its stockpiling, global demand for textile will increase, globally renowned apparel retailers, over the next five years, US looking towards doubling its export of cotton to Bangladesh

The US looking towards doubling its export of cotton to Bangladesh over the next five years, which we feel is possible as Bangladesh is the number one importer of cotton now, said CCI President Keith T Lucas Lucas.

Last December, Bangladesh became the largest cotton importer worldwide with China stopping cotton imports due to its previous stockpiling.

Related Keywords: bring down cost of doing business, investment and joint venture opportunities, LCCI, midst of talks on FTA. expected sign by the end of this year, remove non-tariff barriers, rise in bilateral trade, textile sectors of Pakistan, Thai companies keen to start operations, Thailand and Pakistan, Thailand to explore trade, trade would flourish

Thailand’s Ambassador Suchart Liengsaengthong disclosed at a meeting with Lahore Chamber of Commerce and Industry (LCCI) Vice President Nasir Saeed at the chamber on Monday that the two countries, Thailand and Pakistan are in the midst of talks on a Free Trade Agreement (FTA) which is expected to be signed by the end of this year.

Related Keywords: cotton corporation of India, cotton cultivated declined, crash in cotton prices, decreasing resistance of BT cotton, high cultivation cost, large number of cotton growing farmers, national cotton acreage has come down, poor yield, predicted higher cotton acreage this year, switched to food crops, total cotton output expected to be dismal

The Cotton Corporation of India, (CCI) had earlier predicted higher cotton acreage for 2015-16. Now, the total cotton output of India is also expected to be a dismal 352 lakh bales, compared to the 380 lakh bales a year ago. As the national cotton acreage has come down from 128 lakh hectare to 118 lakh hectare between 2014-15 to 2015-16, as per the latest CCI statistics.

Related Keywords: agreement would lower or remove duties, aim to increase textile exports to India, bridge the huge trade imbalance, enhance access of goods and services between the two countries or regions, entry of locally made goods, Indian market, Kenya pushing for Preferential Trade Agreement, Kenya to have duty access to India, PTA, vice versa

Kenya and India do not have a Preferential Trade Agreement (PTA). So, for Kenya to have duty access to India and vice versa, a Preferential Trade Agreement would be required. Such an agreement would lower or remove duties and enhance access of goods and services between the two countries or regions.

Related Keywords: bring in technologies and expertise, GIZ, increase raw material production, link product to potential market, marketing mainly through exportation, plantation expansion, product quality improvement, provincial government of Philippine, revive abaca industry of Negros Occidental, tapped assistance of German Agency for International Cooperation

The provincial government of Philippine has tapped the assistance of the German Agency for International Cooperation (GIZ) a non-government organization that represents the German government in development cooperation all over the world to revive the abaca industry of Negros Occidental.

Last month, the Provincial Government sent a letter to the agency after one of its personnel manifested GIZ’s willingness to assist the abaca development project in the province.