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Georgia can be a new route for Chinese textile to enter European Markets as Irakli Chogovadze, Georgian Minister of Economic Development offers China to participate in production and construct textile factories in Georgia.This is a good opportunity for china to evade EU impositions on Chinese textile products as Georgia enjoys GPS+ regime with EU, which has exempted 7000 brands under this scheme, Chinese media quoted the minister as saying.The minister offered to construct textile factories in G
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Farmers should get valuable price for cotton as they received in maize so that they remain competitive, said Kadoma West Member of Parliament, Zachariah Ziyambi.He also added that cotton prices should be seven times higher that of maize as there are more taxes on cotton than the maize.If farmers would not get adequate prices then there would be a chance that they might give up cotton farming, Zachariah informed.Government is planning to meet the Cotton Promotion Council and other stakeholders to
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Brazilian makers of raw material for shoes now not only offer black leather and traditional heels to their clients, but have developed designs, prints, moulds and different adornments that have become a race in heel; sole.It is now evident that factories of end products are not the only specialists in creativity and fashion in Brazil.Industries are creative and inspired by the elements by nature Brazilian.Brazilian factories are specializing in the tropical style, according to a stylist at the B
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High Commission of India in Singapore in association with partners in India and Singapore will be organizing "Celebrating India" during April 10-16, 2006. The purpose of this cultural feast is to provide exposure to wide range of aspects of contemporary India in a focused manner, highlight the depth and diversity of India-Singapore relations in a variety of areas and showcase a representative selection of the best of Indian talent. India ?ingapore trade relations have witnessed impressive growth
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Turkey's leading textile producing province, Bursa has recorded an increase of 13.9 in textile exports.Exports in value reached $220.5 million in the first quarter of this year, according to Uludag Exporters Association.While ready-made garment sector in Bursa could not achieve same results and pushed behind with 1.8 percent decline in exports during the January to March 2006.Textile manufacturers of Turkey have requested the government to cut the tax applied to clothing from 18 to 8 percent.
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China disclosed Tuesday that its trade surplus surged to $11.19 billion in March, its second-highest monthly surplus ever and a level that could feed trade frictions in advance of President Hu Jintao's visit to the United States next week.
The surplus more than doubled over March of last year on soaring exports and slowing growth in imports, and nearly matched China's record monthly trade surplus of $12.02 billion, set last October.
The March figures were especially significant because Chi
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Government has decided to strictly monitor the issue of certificates of origin so as to deal with the problem of transhipment in the country.Study conducted by United States Customs Office has revealed that many Indonesian businessmen have carried out transhipment practices for exporting garments from other countries to the US.Such practices have become frequent since the US restricted the imports of textile from certain countries, especially China.Widespread transhipment from the country is aff
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World's largest cotton importer has reaffirmed its status by agreeing to buy $300 million worth cotton fiber from the US. In Memphis today, officials from China are set to sign an agreement involving seven leading closely held US cotton fibre supplier companies, which are - Allenberg Cotton Co., Calcot, Cargill Cotton, Dunavant Enterprises, Jess Smith, Paul Reinhart and Weil Brothers. China will buy about 7.5 million bales, or $2.1 billion worth cotton from US for the year ending July 1, market
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Sri Lanka's apparel industry has been told to fight harder in order to compete with regional giants, India and China. Although being singled out as a dynamic sector of the country's industry by the Sri Lankan Central Bank, the Board of Investment has told firms to elevate themselves. An improving economy could however be threatened by renewed violence.
Sri Lanka's economy expanded by 5.9 per cent in 2005, the country's Central Bank recently confirmed.
The apparel sector was highlighted by the
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Catching up fast in the last six months, India's textile exports went up to 17 billion dollar in fiscal 2005-06 from 13.50 billion dollar in the previous financial year. '' Though it was a delayed take-off after the phase-out of the WTO Agreement on Textile and Clothing, the textile exports have caught up and investment is taking place,'' Commerce Secretary S N Menon has said. After growing by a meagre five per cent in the first half of 2005-06, the textile exports shot up by an impressive 44 pe