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Related Keywords: diversification of markets and commodities, first year of GSP Plue, home textile, Pakistan trade profile, restricted to few commodities, textile benefitted, textile garment segment, zero duty facility offers

Pakistan has shown improvement in its trade profile in the first year of the GSP Plus in the European Union. But definitely not significant enough both in terms of diversification of markets and commodities, considering the potential the facility offers. Exports to the EU are still concentrated in a few markets and restricted to a few commodities.

Related Keywords: GoCoop, Indian government, Indian handloom market, making products available online, marketplace for handwoven and handcrafted products, MoU, online platform for handicrafts, reduce producer consumer gap, support local craftsmen

India has wonderful treasures that go hundreds of years back, but artisans do not receive their true value, which makes them economically weak. GoCoop, an online platform for handicrafts, has entered into a Memorandum of Understanding (MoU) with the Indian government to support local craftsmen of particular tribes and regions. GoCoop by making their products available online will be reducing the producer-consumer gap.

Related Keywords: apparel industry, attract investors, creating favourable conditions, FDI, Germany-based Tchibo, labour unrest, Major brands from Ethiopia and Kenya, rising wages, Sweden-based H&M, UK-based George at Asda, USA-based Phillips-Van Heusen, various countries in South Asia

Major brands are beginning to source from Ethiopia and Kenya due to rising wages in China, labour unrest and violence in Cambodia, and ineffective compliance with rules and regulations in various countries in South Asia – leading to fires and, in particular, the collapse of the Rana Plaza building in Bangladesh. Also, the governments in Ethiopia and Kenya are creating favourable conditions in order to attract investors, according to a new report from the global business information company Textiles Intelligence.

Related Keywords: extra fine merino wool yarn, fancy yarn producer, feature heavily this time, Georgette, Knitwear, latest Cross yarn, Linen and linen blends, scale wool textile large enterprise, Spinexpo Shanghai, trade show for fibres and yarns, Xinao Group

Spinexpo Shanghai 2015, a leading professional trade show for fibres and yarns, is getting ready to open its doors to where exhibitors will present their latest trends and developments. Linen and linen blends are expected to feature heavily this time.

The show has attracted 170 exhibitors coming from 15 countries, selected for their quality and creativity. The Spring/Summer 2015 session of SPINEXPO will also feature a new installation that explores the world of colour in greater depth, as well as a new trend area dedicated to activewear.

Related Keywords: Bangladeshi terry towel makers, BTTLMEA, China's restrictive import policy, closed in recent time, drop in cotton prices, foreign buyers, Pakistan and Indian, spinning mills

More than 16 big terry towel factories of Bangladesh have been closed in recent times due to drop in cotton prices across the global as they are gradually losing international competition. The export earnings has witnessed sharp decline in last five years as Pakistan and India are getting major orders from foreign buyers. As per the Bangladesh Terry Towel and Linen Manufacturers and Exporters Association (BTTLMEA), at least 16 out of 97 companies stopped operation in last one and half years.

Related Keywords: ACIMIT, address energy efficiency, collaborating Blue Competence initiative of VDMA, Energy made to measure campaign, environmental, European apparel and textile confederation, European textile industry, signed MoU, Sustainable technologies project, Three sustainable textile initiatives

The Energy Made-to-Measure campaign of the European Apparel and Textile Confederation (Euratex) is now collaborating with the Blue Competence initiative of the VDMA (German textile Machinery Association) and the Sustainable Technologies project run by the Association of Italian Textile Machinery Manufacturers (ACIMIT).

Three sustainable textile initiatives have signed a Memorandum of Understanding (MOU) to address energy efficiency, environmental and other sustainability issues in the European textile industry.

Related Keywords: business networking cycle, colour zero twist yarn, covering yarn, display water soluble PVA yarn, Fabric and Accessories show, fiber segment, hollow yarn, insoluble PVA Yarn, instant soluble PVA yarn, PVA high strength and high, textile value chain, water soluble filament, water soluble PVA sewing thread, zero twist yarn

The 12th edition of the Fabrics & Accessories Show 2015 is set to provide an enhanced all round sourcing experience with a larger number of exhibitors showcasing a wider range of products and services. The Fabrics & Accessories Show 2015 has come a long way, entrenching itself as a brand and a vital cog in the sourcing and business networking cycle for the textile value chain.

Related Keywords: apparel import, apparel of textile material, articles of apparel, causal wear, cloth, cotton fabric (woven), extra custom duty, fashion, FTA, grew at good pace, knitted crochet, mutual trade growth, Pakistan bilateral trade, Pakistan garment, Turkey

Pakistan’s bilateral trade with Turkey grew at good pace and crossed one billion dollar mark in 2010-11, but it started declining after the imposition of safeguard duties in August 2011 by Turkey to protect its domestic industry. The Government of Pakistan had been raising the issue at the highest level with the Turkish officials, but there had been no developments.

Related Keywords: buyers across India, decrease in trading activities, dress materials, FOSTTA, outbreak of Swine flu, Southern Gujarat Chamber of Commerce and Industry, stopped visiting the markets, Textile city Surat, trading of fabrics

Buyers from across India are keep away from visiting the textile city Surat following the outbreak of swine flu there due to which trading of fabrics, including saris and dress materials, has been affected since the last fortnight leading to almost 50% decrease in trading activities.

Traders from Delhi, West Bengal, Punjab, Haryana and Uttar Pradesh have stopped visiting the markets for bulk purchases.

Related Keywords: decline in number of operations, due to labour shortage, employees, growth in competition, imports increased, Korean International Trade Association, major growth driver, most from China, relocating in China and Vietnam, rising cost, South Korea textile and clothing industry, textile and clothing exports, trade deficit

South Korea’s textile and clothing imports touch $14.66 billion mark, an increase by 8.4 percent in 2014 of which 45 percent of these imports (valued at $6.59 billion) came from China, according to figures released Tuesday by the Korean International Trade Association.

The country could soon post a trade deficit in an industry that used to be a major growth driver for its economy.

The country’s textile and clothing exports decreased last year by 0.1 percent to $15.94 billion, narrowing the industry’s surplus by $1.28 billion, about 50 percent less than the surplus amount in 2013.