It seems there is finally some good news for the ailing trade and textile industry. The government will be convening a high level meeting with the textile industry and unions, to discuss the problems facing the industry. Mandisi Mpahlwa, the trade and industry minister, says all industry stakeholders will be given a copy of a draft trade arrangement that government has negotiated with China on clothing and textile imports from that country. The clothing and textile industry has taken a knock aft

Trade traffic statistics compiled by the Statistics Department of Dubai Ports, showed that the textile market in the Middle East has continued its strong growth in 2005, with total trade through Dubai touching an astonishing $5.8 billion, an increase of 15 percent over the previous year, Khaleej Times reported. Total imports increased from $3.3 billion in 2004 to $3.6 in 2005, whereas re-exports increased from $1.6 billion to $2 billion over the same period. Total value of exports was pegged at

Since the beginning of this century, bilateral trade between China and the United States has risen rapidly, benefiting both sides. According to China customs statistics, China's exports to the United States were US$52.1 billion in 2000 and reached US$162.9 billion in 2005, an increase of 212 per cent. According to US customs statistics, the US exports to China were US$16.2 billion in 2000 and reached US$41.8 billion in 2005, an increase of 157 per cent. Among the top 15 trade partners of the U

Textile market of Middle East has continued to show an upward trend in 2005, with the total trade through Dubai reaching AED 21.5 billion, an increase of 15 percent compared to previous year, as per Statistics Department of Dubai Ports, Customs and Free Zone Corporation (PCFC).Total imports zoomed up from AED 12.1 billion in 2004 to AED 13.4 in 2005, whereas re-exports increased from AED 5.8 billion to AED 7.1 billion over the same period. Total value of exports recorded was AED 894 million, up

Trade and Industry Department of Hong Kong reported that The Mainland of China : Notice Concerning the Official Results of the Second Bid Invitation on Quantitative Limits for Textile Exports to the European Union and the United States in 2006.The Committee on Bid Invitation for Quantitative Limits of Textile Exports of the Ministry of Commerce issued on 12 April 2006 a notice concerning the official results of the second bid invitation on quantitative limits for textile exports to the European

BEIJING - Trade between China and India is growing so quickly that China is expected to supplant the US as India's single largest trading partner within just a few years, analysts say. But areas of conflict within the growing relationship remain, including a demand from China that India grant it "market economy" status, and recently failed negotiations between the two states over a new long-term contract for iron ore. China to overtake US as top Indian trade partner China will likely emerge

A drop in Kenya's textile exports to the United States contributed to a large trade imbalance between the two countries last year. New figures show that the entry of Asian countries into the competition for the US textile market has already cut gains made by the Kenya and the US in the last two years to narrow the trade deficit. with statistics from the US commerce department. The data from the US Commerce department shows that Kenya's textile and apparel sales to the US under the preferential

The world's first official method to guide the statistical work of the e-commerce industry will soon be in use, Chinese Vice-Minister of Commerce Liao Xiaoqi announced on Monday. "This unprecedented method will provide uniform standards for the data collection and allow decision makers in governments, academia and the general public to have a better understanding of China's robust e-commerce industry," said Liao at the press conference for the issue of the 2004-2005 China E-Commerce Report.

Representatives of the Nanjing Wool Market (NWM) visited the British Wool Marketing Board (BWMB) in Bradford, on a fact-finding mission, to see how British Wool is auctioned at sale.BWMB is a Central marketing organization for UK fleece wool.The BWMB based in Bradford, handles the grading, sale via auction and promotion of all British Wool on behalf of approximately 60,000 wool producers in the United Kingdom. Nearly 70 percent of British Wool is sold for use in the manufacture of carpet and mos

NEW DELH: Indian textile firms failed to weave free quota fortunes. Of the domestic textile companies 47 per cent say they have not benefited from free trade. A survey by YarnsandFibres reveals. 37 per cent of the firms had not experienced any change in their businesses during the year. Another 10 per cent had worse experience during the first quota-free year. While a few companies have been unable to take advantage of the opportunities, others have had bad experience as they have had no dire