ACCORDING to the Geneva-based International Labour Organisation (ILO), China and India are the main beneficiaries of the end of global trade quota system for textile and clothing. India has increased its share of textile and garment deliveries to the US and European Union by a quarter in the first half of 2005. But China's share of the US market has increased by two-thirds, giving it a market share of 28 per cent in the US. The EU negotiated a "special" quota deal with China in June to stem

Warnings from industry and labor groups last year that cheap Chinese clothing and textile would crush producers in other countries have so far proven unfounded, according to a United Nations report issued at a conference which ended on Wednesday. In the report, the International Labor Organization (ILO) said that job losses from the lifting of global trade quotas in the textile industry on Jan. 1 this year had been lower than forecast. "The dire consequences that were predicted, at least up

National Statistics Office of Philippines released the monthly integrated survey of selected industries August 2005.Value of Production Index sustains double-digit growth in August 2005. Value of Production Index (VaPI) for the manufacturing industry grew by 20.4 percent in August 2005 compared with a year-ago figure, according to the preliminary results of the Monthly Integrated Survey of Selected Industries (MISSI). Sectors observed to have boosted production were the following: petroleum prod

To prevent the duplication of fake goods in local market, the Union Textiles Ministry has decided to brand handlooms and is thinking of giving the industry a heritage label. To promote textiles, a council had been assigned with the task of creating a handloom brand for hand-woven commodities in order that they were not duplicated, said Chairman of Tamil Nadu Handloom Export Promotion Council M Sivakkanan.The council is already in full swing to create a brand and the ministry also financed design

The Iranian hand-woven carpets worth $197 million have been exported in the first six months, this year. Germany and United States topped as buyers sharing 63 percent of the total exports. However, carpet exports have seen a 5.6 percent drop against previous year.Notably, the handicraft export crossed $262,000,000 mark at 14 percent, this year, which include hand-woven carpets also.After hand-woven carpets, turquoise and precious stones were the second largest exported products for this year. S

Recycling industry information provider Recycling International announced that the growing demand for high-quality sorted clothing.In Europe, premium and No 1 qualities are proving saleable to Eastern Europe and Africa in particular, with the result that many sorting companies have increased their capacities.In North America, material generation has been affected by hurricanes Katrina and Rita; there is currently a slight shortage of wiping cloth material and demand is quite firm.EuropeExperts i

Statistics Sweden released the Consumer Price Index (CPI) for September 2005.Higher prices on clothing and footwear but unchanged inflation rate.Swedish consumer prices increased on average with 0.7 percent from August to September. The inflation rate in September was 0.6 percent (0.6 percent in August and 0.5 percent in September 2004). CPI for September 2005 is 281.9 (1980=100).The Net Price Index (NPI), index number (1980=100), monthly and annual changes, has been revised for August 2005. Hig

GENEVA - Job losses from the lifting of global trade quotas in the textile industry have been lower than forecast, the U.N. labor agency said Monday. In a first assessment since the quotas were lifted Jan. 1, the International Labor Organization found that the situation is less dramatic than predicted, though employment in the textile industries of many countries, including in Europe and the United States, has declined. "The dire consequences that were predicted, at least up until now, have no

VANCOUVER (CP) - Two of China's most powerful politicians encouraged Canadian investors to look for new trading and business opportunities in China on Monday. Speaking to the Hong Kong-Guangdong Business Forum, Donald Tsang said Canadians have a golden opportunity to use his city to gain faster and safer access to mainland China. "The world is beating a path to the mainland market, and China is becoming a global trading juggernaut," Tsang, the Hong Kong government's chief executive, told 1,500

India has now become the second most preferred alternative after China in textiles and emerged as a "one-stop shop" for retailers and apparel companies looking for a reliable destination for their sourcing solutions, a CII study has said. After dismantling of quotas in textiles from this calendar year, South Asia holds 14 per cent and 9 per cent share in US and European markets respectively and is expected to be major gainer of safeguards on China with India soon leading the race, the study on t