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Related Keywords: agreed to facilitate and encourage, businessmen, commerce and mutual investment, energy, enhance bilateral trade cooperation, fields such as textile, Pakistan and Azerbaijan meet, trade, undertake joint venture

To enhance the bilateral trade cooperation in trade, commerce and mutual investment in fields such as textile, energy and pharmaceutical between the two countries, Pakistan and Azerbaijan, a meeting was held on Wednesday between Pakistan Federal Minister for Finance, Senator Mohammad Ishaq Dar and Shahin Abdulla Mustaffayev, Minister of Economy and Industry of Azerbaijan, in Baku.

Related Keywords: facing harsh competition, from zero to two percent on PSF, imported fibre, Indian textile and apparel exports, Ministry of Industry, plans to increase import tax, polyester staple fibre, PVTEX, Trans-Pacific Partnership, Vietnam domestic fibre manufacturers, yarn-forward rule of origin

The Vietnam domestic fibre manufacturers have been facing harsh competition from imported fibre. The Ministry of Industry with the aim to rescue and encourage domestic production has plans to increase import tax on polyester staple fibre (PSF) from zero to 2 percent.

The Ministry plans to raise tax on staple fibre, coded 55.01, 55.02, 55.03, 55.04, 55.06 and 55.07, which are currently enjoying a zero tax rate.

Related Keywords: against Poland shows, bilateral meeting, expand domestic products market share, includes textile and textile products, Indonesia to open ITPC, Indonesias trade value, minister brought export companies, Minister of Economy of Poland Janusz Piechocinski, positive value, t shirt exports, Trade Minister Rachmat Gobel, various sectors

Indonesias trade value against Poland shows a positive value in the last five years, with an increase of 9.3 percent each year. Indonesia will open Indonesian Trade Promotion Center (ITPC) in Poland to expand its domestic products market share in the Polish market, where the two countries have potential in terms of trade.

Related Keywords: Banarasi sari campaign, E Commerce major, ebay India, ebay stepped into weavers market, head retail experts, Make in India campaign, Navin Mistry, procure products, talks with the Ministry of Textiles, tie up with Gujarat and Odisha government, ventures with other states, visit weavers market regularly

E-commerce major, ebay have stepped into the Indian weaver's market after campaigns like a Banarasi sari campaign which ran for a couple of months received huge response from across the world. They are working with close to 250 weavers and their acquisition team visits weavers market regularly to procure products. The best part of this is that weavers can make their products available to any part of the world, said Navin Mistry, head, retail experts, ebay India.

Related Keywords: colourfastness and, development of high quality fabrics, featuring thermo regulation properties, leading European producer, on display at Techtextil, RadiciGroup, Radyarn, Starlight polyester yarn, vast range of polyester yarn

RadiciGroup, a leading European producer of a vast range of polyester yarn displays its Radyarn and Starlight polyester yarn designed for the development of high quality fabrics featuring thermoregulation properties, in addition to high quality, colourfastness and safety at Techtextil, a leading international trade fair for technical textiles and nonwovens, being held in Frankfurt this week.

During the event, the company focuses on four polyester yarn families: conventional flame retardant, UV-stabilized and bacteriostatic, and the innovative ceramic.

Related Keywords: all future contract, cotton yarn, fall in price, finished higher, ginners holding stock, KCA, Lower level trading activity, New York cotton market, remained steady, Spinners, spot price, witnessed at cotton market, world cotton market

Some trading activity at the lower level was seen at cotton market on Tuesday as buyers were mostly reluctant anticipating fall in prices in the coming days.

However, spinners on their part were also cautious as they are not getting right price for cotton yarn as the market is sluggish and prices are under pressure. Trading remained restricted and limited as some needy mills lifted small lot deals,.

Ginners, who are holding very little stocks of around 240,000 bales, also seem to be in no hurry to dispose of their stocks at current price

Related Keywords: blended of wool and rice straw, developed new yarn, Formary, launched at world expo Milan, make yarn into upholstery fabric, Mibu yarn, textile design and development company, unique New Zealand yarn

Formary, a textile design and development company has developed a new yarn consisting of 70 percent New Zealand mid-micron wool and 30 percent rice straw. A unique New Zealand yarn called Mibu has officially been launched on the world stage at the World Expo in Milan.

Formary, Co-founder Bernadette Casey said that the expo's theme was about feeding the planet, and the fabric was part of an exhibition where food and textiles intersected.

Related Keywords: brand names Jayakarthika, Cooptex, introduced pure cotton sarees, Kolam, put up six day exhibition, Sangeeth, summer dress material, Tamilnadu weavers cooperative society, under Cool Comforts theme, weaversand consumers, win win solution

The State owned Tamilnadu Weavers Cooperative Society (Co-Optex) has joined the bandwagon this season. The Vellore unit of Co-Optex has put up a six-day exhibition of summer dress materials under the theme of ‘Cool Comforts’ at the Town Hall, which has caught the attention of locals.

According to the regional manager N Karthikeyan Nair, this is the first time Co-Optex has launched the ‘summer sales drive’ through an exhibition in Vellore. He said that hundreds of varieties of specially made summer fabric to ward off heat were being exhibited.

Related Keywords: double size of production, Free trade agreement, largest economic sector, next textile and garment hotspot, textile export, TPP agreement, Vietnam Textile and Apparel Association, Vietnam textile and garment industry

Vietnam’s textile and garment industry is one of the largest economic sectors in the country, consisting 4,000 enterprises with a turnover of US$20 billion a year, accounting for 15% of. According to the Vietnam Textile and Apparel Association, textile and garment products are exported to 180 countries and territories in the world. In 2015, textile and garment industry is aiming at total exports of $28.5 billion.

The textile industry has been witnessing a steady growth over the recent years and pushing the country to become one of the top textile exporters in the world.

Related Keywords: (APCO), Amazon, Andhra govt, Andhra Pradesh State Handloom Weavers Cooperative Society Ltd., Flipkart, handloom, online platform, online retailers, Snapdeal

The Union Government which is keen to promote cotton fibre and handloom products is lent a helping hand by the online retailers viz. Flipkart,Amazon,Snapdeal.

The Andhra Pradesh Government is holding discussions with these plugged-in retailers to sell handloom products on their website.

This will help in introducing an online platform to the workmanship of the handloom weavers as well as recognition to the ancient tradition, which is one of the prime reasons of the Union Government backing these weavers.