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Related Keywords: Al-Ashan Pakistan Exhibition’, between Pakistan and Uk, British Depute High Commissioner, enhance export volume, exchange of delegation, exhibition, increased, Korangi association of trade and industry, organize, TDAP, textile goods produced in Pakistan, trade volume, United Kingdom Trade and investment board director

British Deputy High Commissioner and United Kingdom’s Trade and Investment Board Director John A Tucknott in a luncheon reception organised by Korangi Association of Trade and Industry (KATI) in his honour said that 18 percent increase was being witnessed in the trade volume in the year 2014 between Pakistan and the UK.

The textile goods made and produce in Pakistan have no comparison with the same being produced in India and Bangladesh.

Related Keywords: develop a trade-cum-exhibition centre, DPR, focus on exporting lungi cloths, foundation laying ceremony, neighbouring Myanmar, Powerloom estate, semi-automatic power loom units, state Industries department, Union minister of textile

The State Industries Department had in 2013-13 prepared a Detailed Project Report (DPR) and sent it to the Union Ministry of Textile proposing for setting up an "apparel garment making and power loom estate" in the State which will be soon turning into reality as the foundation laying ceremony will be held at the City Convention in Imphal.

Union Minister of State for Textile (independent charge) Santosh Gangwar is all set to lay the foundation stone of the powerloom estate proposed to be set up at Lamboikhongnangkhong in Imphal West on March 24 .

Related Keywords: capital subsidy, demand separat State textile board, development of textile industry, effluent treatment plant, expansion of capacity, focussed approach, interest subsidy, separat textile policy, Tamil Nadu knitwear manufacturers, Tirupur knitwear cluster

Tamil Nadu knitwear manufacturers demand for a separate State Textile Board and also devise a separate textile policy. In a memorandum sent to Chief Minister O. Paneerselvam, the industrialists said that a Textiles Board, and a textile policy would help the government give a focused approach to the development of textile industry.

Related Keywords: Chinese economy, Chinese exports, competitive pressure, driven by higer export rebate, European market, eurozone exports, export of both textile and clothing, high value added exports, mitigated by euro deflation, nearly doubled, price advantage

The price advantages of Chinese exports to the European market have been mitigated by the euro deflation. The weak euro will also spur eurozone exports to other markets, adding competitive pressure to China's high value-added exports.

The pressure is on Chinese exports as the euro sinks against the yuan, said Ministry of Commerce spokesman Shen Danyang on Tuesday.

The yuan was up 10.8% against the euro until March 13, when the euro devalued 13.2% against the US dollar.

Related Keywords: apparel sector, EPCG scheme, export subsidies on textile, India crossed competitiveness, India to phase out, Indian export basket, interest subvenion scheme for export credit, Japan, new foreign trade policy, other countries, Turkey, US supported by EU, WTO member countries, WTO subsidies committee meeting

In the WTO subsidies committee meetings, the WTO member countries, in particular the US supported by European Union, Turkey, Japan and others have asked India to phase out of export subsidies on textiles and the apparel sectors, Parliament was informed today.

As per the WTO data for 2006 and 2007, India has crossed the export competitiveness limit (exports reaching 3.25 percent of the world trade) consecutively for two years in these sectors, this was informed by Commerce and Industry Minister Nirmala Sitharaman in a written reply to the Lok Sabha.

Related Keywords: drop proposal to impose VAT, levy to lead to harassment of traders, on sarees and textile products, Telangana state government, textile traders, TSFTA

The Telangana state government has decided to drop the proposal to impose Value Added Tax (VAT) on sarees and textile products, subsequent to its appeal, said the Telangana State Federation of Textile Associations (TSFTA) on Thursday.

Commercial Taxes Minister Talasani Srinivas Yadav gave this assurance when a delegation from the Federation explained to him the problems that such a levy would result in, including harassment of traders, said TSFTA president Ammanabolu Prakash.

Related Keywords: booked imported cotton, cotton bales, current crop, decreasing supplies remaining with ginner, domestic textile industry, good quality cotton, increase in domestic cotton prices, kapas, lint price, needy mills, Punjab cotton market, ready cotton market, seedcotton, Sindh market

With decreasing supplies of good quality cotton from the current corp (August 2014/July 2015) remaining with the ginners, a further increase was seen in domestic cotton prices on Thursday. In fact, the price for the very meager seedcotton (kapas / phutti) remaining in the market in Sindh reportedly ranged from Rs 1,800 to Rs 2,400 per 40 kgs, while in the Punjab the seedcotton rates were said to have extended from Rs 2,000 to 2,700 per 40 kilogrammes, as per the quality.

Related Keywords: advance environmentally friendly dyestuff, automation technologies and materials, catalysts, China Interdye 2015, China Textile Printing 2015, digital printing, explore internationa markets, intermediates, lead development trends, organic pigments, textile printing products and equipment, world largest dyestuff exhibition

China Interdye 2015 and China Textile Printing 2015, the world’s largest dyestuff exhibition continues to lead development trends across the sector. With the exhibition area of 40,000 square meters will house over 600 exhibitors from more than 14 countries and regions. Exhibits will include a variety of advanced environmentally-friendly dyestuffs, organic pigments, catalysts, intermediates and environmentally-sound equipment as well as textile printing products and equipment, printing and dyeing automation technologies and materials.

Related Keywords: African partners network, AGOA trade resource centre, expand export business, GCCI, Ghana chamber of commerce and industry, providing technical assistance, signs letter of collaboration, United States Agency for international development, USAID, West Afrcan trade hub, within textile sector

The Ghana Chamber of Commerce and Industry (GCCI) has signed a Letter of Collaboration with the United States Agency for International Development’s (USAID) West African Trade Hub and African Partners Network, in Accra on Thursday. The collaboration will help establish a framework for cooperation between the two parties in the implementation of the AGOA Trade Resource Centre, stated Mr Ibrahim Murtala Muhammed, the Deputy Minister of Trade and Industry.

Related Keywords: boost regional economic cooperation, business sectors such as apparel, China Eurasia expo, expand collaboration in multilateral fields, exploring cooperative projects, garment, home textiles, introduce investment policies, invites Pakistan traders, machinery and equipment, matching investment, partake in the expo, TDAP, Textile

The 5th China-Eurasia Expo aimed to boost the regional economic cooperation among Central, West & South Asian and European countries and to further expand the collaboration in multilateral fields is scheduled to be held from September 02-07, 2015 and last date for the submission of applications for participation in the expo is March 30, 2015. The Trade Development Authority of Pakistan (TDAP) has invited Pakistani traders to participate in 5th China-Eurasia Expo to be held in Urumqi, capital of Xinjiang, China.