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Related Keywords: construct new technical textile training and research park, Industry and Energy of the Republic of Korea, jointly with Ministry of Commerce, project implemented by Ozbekyengilsanoat JSC, raise profile of textile developments, territory of Tashkent textile institute, Uzbekistan

Uzbekistan announces construction of a new technical textile training and research park in the territory of Tashkent textile institute. The total project amounts is to the tune of US$15 million. The project is implemented by Ozbekyengilsanoat JSC jointly with the Ministry of Commerce, Industry and Energy of the Republic of Korea. The completion of the techno park construction is scheduled for 2018.

The facility, set to open in the country’s capital in 2018, is expected to raise the profile of textile developments across both Uzbekistan and South Korea.

Related Keywords: Cotton farmers in Katsina State, decline in cotton production, discouraged from cultivating cotton, increasing demand, lack of improved seeds, low price of the produce, major setback identified, other required inputs, resuscitate cotton production, revival of domestic textile industry, through the provision of improved seeds

Many cotton farmers in Katsina State in North West zone of Nigeria have been discouraged from cultivating cotton over the years and the reason for a major setback is identified lack of improved seeds and low price of the produce resulting in the decline of cotton production in the state.

Related Keywords: basis of Sri Lankas Commonwealth membership, forty percent of SL textile and apparel exports, renegotiate a FTA with the UK, Sri Lanka will not qualify for some GSP-Plus preferences, to the EU goes to the UK market, UK is out of EU, whole series of FTAs with European nations, work out a bilateral deal with the UK

Sri Lanka will not qualify for some of the GSP-Plus preferences if and when they get such preferences when UK is out of EU, according to Executive Director of the Institute of Policy Studies Dr. Saman Kelegama. Sri Lankan’s 35 percent of exports to the EU goes to the UK market and 40 percent of textile and apparel exports to the EU goes to the UK market.

Related Keywords: APTMA, demand for fix a uniform rate, enhance revenue in national interest, FBR, Federation of Pakistan Chambers of Commerce and Industry, five percent import duty on all kinds of dyes, Pakistan Dyes Manufacturers Association, Pakistan Textiles Processing Mills Association, remove anomalies from budget, threat to textile industry and exports

The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) standing committee on industrial promotion and facilitation chairman Abdul Shakoor Khatri, members of All Pakistan Textiles Processing Mills Association and Pakistan Dyes Manufacturers Association have asked the government to fix a uniform rate of 5 percent import duty on all kinds of dyes.

Related Keywords: combines elements of concessional credit, credit guarantee cover, every stateand UT to prepare action plan, five lakh handloom weavers, handloom cluster, interest subvention, New model formulated under Mudra scheme, next three years, provide credit to handloom sector, set target of extending MUDRA loans, such as margin money, textiles ministry

With the government formulating a new model under MUDRA scheme for providing credit to handloom sector under which it has combined elements of concessional credit such as margin money, interest subvention and credit guarantee cover. The Textiles Ministry on June 29 said that it has set a target of extending MUDRA loans to five lakh handloom weavers in the next three years.

The ministry has requested every state and UT to prepare a three-year action plan to achieve the five lakh target.

Taiwan origin 3D bright ASF tow offers were flat in the third week of June while offers for regular products rolled over during the week.

Acrylic staple fibre markets saw cost support fading, as the uptrend in acrylonitrile prices slowed down while downstream demand was still lackluster.

In China, medium-length staple fiber and cotton-type staple prices remained unchanged on the week. ASF producers continued to run at reduced rates, to relieve inventory pressure. Participants who were bullish earlier, were now frustrated by weaker‐than‐expected yarn and fabric markets.

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

In Europe, acrylonitrile prices jumped on tight supply as maintenance at Ineos' Seal Sands plant continued. European acrylonitrile spot prices jumped US$40 a ton CIF Mediterranean on the week, taking the total surge to US$65 in two weeks.

In US, acrylonitrile spot was steady although tight supply prevailed. Spot pricing were higher over the last three months due to tighter supply and climbing prices in Asia. US acrylonitrile export assessment rolled over on the week. The assessment was at its highest level since end-July when it was at US$1,150 a ton.

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

Related Keywords: A. Sakthivel, Apparel exports, bilateral talks, Britain shared forty percent, expand business in the UK after Brexit, Free trade agreement, head of the Tirupur Exporters' Association. EU major destination for RMG, including garment exports to UK, paramount to boost exports, UK leading market

A free trade agreement (FTA) is paramount to boost exports, including garment exports to the UK, said A. Sakthivel, the head of the Tirupur Exporters' Association. Although, the EU is a major destination for readymade garments, but the UK a leading market as Europe makes up 46 percent of apparel exports, of which Britain's share is 40 percent.

Hence, garment and knitwear exporters in Tirupur are pitching for FTA with the EU, also want a separate trade pact with Britain after it voted to leave the EU.

Related Keywords: APTMA, arrest decline in the size of domestic cotton, competitive prices, failure of cotton crop, import of cotton, make raw material available to industry, Pakistani textile manufacturers, Textile Industry, withdraw three percent import duty on cotton

Pakistani textile manufacturers urged the government to withdraw three percent import duty on cotton to arrest the decline in the size of domestic cotton. All Pakistan Textile Mills Association (Aptma), ChairmanTariq Saud, Chairman said that the removal of duty was essential so as to make raw material available to the industry at competitive prices.

Related Keywords: Brexit, build supply chains, change in exchange rate, definitely have impacts on Vietnam garment and textile exporters, devaluation of the pound and the euro, diversify products, impacts on the sector production and sale, influence prices, re-negotiated material prices, reconsider Vietname EU FTA, traditional and new market, Vinatas

Brexit to definitely have impacts on Vietnam garment and textile exporters due to the devaluation of the pound and the euro, which influence prices as Vietnam’s garment exports to the EU account for approximately 20 percent of the total volume with the UK contributing around 4 percent, Vu Duc Giang, Chairman of the Vietnam Textile and Apparel Association (Vinatas), said.