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Related Keywords: American cotton growers, into Turkish steel exports, NCC, reckless policy, retaliation against US investigation, stockpiles, Turkey imposing three percent duty, Turkish government, US cotton exporters

Turkey is imposing the U.S. cotton exporters with a three percent duty as retaliation against a U.S. investigation into Turkish steel exports. The final decision of the Turkish government on its anti-dumping investigation of U.S. cotton was released.

Based on assertions that U.S. cotton was dumped into Turkey injuring the domestic fiber market — which the National Cotton Council (NCC) steadfastly challenged — a three percent CIF (cost, insurance and freight) duty has been imposed on all U.S. cotton fiber imports into Turkey, effective immediately.

Related Keywords: apparel export industry, blow to South Asian nation, Brandix, expected to experience downfall, fast-changing global trade environment, found design to deliver supply chain, GSP Plus status, Joint Apparel Association Forum, Sri Lankan garment exporters, Sri Lankan textile exports, US led TPP trade pack, Vietnam

Sri Lankan textile exports are expected to experience a downfall because of the U.S. led Trans Pacific Partnership (TPP) trade pact. Competition from TPP signatories such as Vietnam could deal a blow to the South Asian nation's apparel export industry, which currently employs half a million Sri Lankans and provides 44 percent of all manufactured goods exported by the country.

Related Keywords: cheaper products to Turkish consumers, FTA, mutual benefit for both countries, negotiations on fast-track basis, Pakistan government, Pakistani textile products, revive textile economy, services and investment, special focus on goods, Turkey, Turkey levied heavy duties

The Pakistan government views Free Trade Agreement (FTA) with Turkey as the key to revive the textile economy. Currently, Turkey has levied heavy duties on Pakistani textile products and FTA would not be possible without lifting or easing the rates of duties by the Turkish government.

The introduction of FTA would be helpful in earning foreign exchange reserves from the export of textile as well as other such as fruits and vegetables. It will also facilitate the provision of comparatively cheaper products to Turkish consumers.

Related Keywords: Block prints, brought textiles like Ikkats, Fashion extravaganza, fashion trade event, group of young designers, India Runway Week, Kantha prints, Madhubani and organic cotton, showcasing them in the Indian, Western and casual wear, witnessed true essence of Indian textiles

The group of young designers at 'India Runway Week 2016' held at the Thyagraj Stadium in New Delhi brought textiles like Ikkats, Block prints, Kantha prints, Madhubani and organic cotton to the ramp, showcasing them in the Indian, Western and casual wear.

In the current melange of high-street labels and fast fashion, the youngest fashion trade event witnessed the true essence of Indian textiles.

Related Keywords: cooperative societies for production of IHB tag products, doing research for identifying eligible handloom products, help promote them in global market, identified individual manufactures, IHB tag, Ministry of Textiles, obtained India handloom brand, Ten handlloom products of Andhra Pradesh, Weavers’ Service Centre, witnessed great demand

The Ministry of Textiles has identified eligible individual manufactures/cooperative societies for production of India Handloom Brand (IHB) tag products which will help promote them in the global market. Ten handloom products of Andhra Pradesh State have obtained the IHB tag.

Related Keywords: brainchild of Team Riwayat, opportunity to sell their collections, Pakistan Fashion Week Season, Pakistani designers, present Pakistan fusion of east west fashion, show categorized into three slots, showcase twelve designers on ramp, trained volunteers and contracted professionals, UK buyers, under western roof

Pakistan Fashion Week Season 9 to take place in England on June 4 and % at Grand Connaught Rooms 61-65 Great Queen St, London WC2B where it will feature the best presentation of Pakistan’s fusion of east-west fashion under a western roof ever. Later on June 6 & 7 exhibition will be held in Manchester at Bombay Store.

Pakistan Fashion week is the brainchild of Team Riwayat which is headed up by a team of directors from across Pakistan, India and the United Kingdom. Together with over 100 trained volunteers and contracted professionals, the Riwayat team makes PFW possible.

Related Keywords: absence of adequate policy support, adverse impact of preferential access, as cost of funds, exports against last fiscal year, including cotton yarns in the MEIS, Indian textile and clothing sector, interest equalization scheme, likely to slowdown further, marginal decline, need to address issues related to exports, sign Indo EU FTA, Texprocil

The country's total exports of textiles and clothing in 2015-16 stood at USD 40 billion as against USD 41.4 billion in 2014-15, a marginal decline of 3.4 per cent. In the absence of adequate policy support textile sector likely to see further slowdown in outbound shipments, according to industry body.

Textile Export Promotion Council (Texprocil) Chairman R K Dalmia said in a statement that some of the issues relating to exports such as cost of funds and adverse impact of preferential access given to competing countries need to be addressed immediately.

Related Keywords: become more visible in the market, CETTEX, hosiery sector, Knitwear giant Benetton, looking to conquer new territories, Sweater knitting, swimwear and knitting including hosiery knitting, Tunisia is strong in lingerie, Tunisian textile industry, Tunsian economy

After Tunisia’s economy suffered a massive body blow at a time of fragility following the 2011 revolution Tunisia’s textile industry is coming out fighting looking to conquer new territories and become more visible in the market. Confidence in Tunisia by knitwear giant Benetton was recently shown by a visit to CETTEX (Centre du Technique et Textile) in Tunis. According to CETTEX’s website Benetton want to explore opportunities for collaboration and partnership including technical support and training for enterprises located in regions Kasserine and Gafsa.

Related Keywords: better rates compared to current prices, buyers and sellers, Cotton market, entry into the market, fresh selling, ginners showed no interest, no single deal finalized, official spot rate, remained unchanged, Trading Corporation of Pakistan, witnessed wait and see attitude

The cotton market on Thursday witnessed a wait and see attitude from both buyers and sellers after Trading Corporation of Pakistan (TCP)'s entry into the market, dealers said.

According to the market sources, the ginners showed no interest in fresh selling, anticipating better rates as compare to the current prices.

In the Punjab, a very small size of seed-cotton left with the ginners showed no change for inferior type at Rs 3100 while best quality picked up Rs 200 to Rs 3400 while, in the ready business, not a single deal finalized.

Related Keywords: being relinquished by China, entitled Stitched to riches, help firms grow in size, increase productivity, India focus on cotton, India losing out in global apparel market, Indonesia and Vietnam, less complex labour policies, need to reduce duties on import of MMF, textile and apparel sector, to Cambodia, TPP, World Bank report launched

India is losing out in the race for a greater share in the global apparel market to countries such as Cambodia, Indonesia and Vietnam being relinquished by China. It needs to reduce duties on import of manmade fibre and increase productivity by helping firms grow in size with less complex labour policies, according to World Bank report entitled entitled ‘Stitches to riches? — apparel employment, trade and economic development in South Asia’ on Thursday.