Carpet exports for the current fiscal year are likely to cross US $300mn, according to Abdul Ghafoor Sajid, Chairman of the Pakistan Carpet Manufacturers and Exporters Association.He was speaking at conclusion of the three-day Carpet Exhibition 2005.Huge orders on Pakistan carpet exporters were placed by foreign buyers during the exhibition, he said.The exhibition had 12 stall from India, 2 from China, apart more than 70 other stalls.Buyers from USA, Germany, South Africa, China, France, Italy,

European Union Trade Commissioner Peter Mandelson warned that consumers will pay higher prices and face clothing shortages unless EU governments release more than 80 million pieces of Chinese garments blocked from entering Europe. He wants the EU's 25 governments to permit clothing shipments that exceed quotas on Chinese imports he put into place in June to protect manufacturers such as Marzotto SpA, owner of the Hugo Boss label. With caps for most of the 10 textile categories filled, shops are

The Shikibo Corporation, extracting the fiber from the palm shell of the palm, developed the technology which it utilizes in the fiber for the clothing with this as a biomath resource.The truth of the palm (the coconut) from after extracting the juice, the pulp and the oil and fat, many of the generally known palm shell which remains drying, are made the fuel, but around the area of production there are also some which are left. In fiber field being thick, stiffness for the sake of, with other c

BEIJING: China's textile industry leader voiced pessimism about stalled Sino-US trade talks, while manufacturers warned the failure to reach agreement would aggravate the standoff. Their comments came as Washington announced more restrictions on Chinese garment imports after a fourth round of talks between the two sides to solve the simmering row broke up with no solution. The Committee for the Implementation of Textile Agreements (Cita) upheld US industry requests for safeguards on imports

BEIJING: China and the European Union negotiated late into the evening yesterday to try to strike a deal to unblock millions of Chinese garments piled up in EU ports because they exceed import quotas. The problem has split the 25-member European Union, embarrassed the European Commission, the EU executive, and marred the run-up to an EU-China summit in Beijing on Monday. "There are no sticking points as such, but there's no deal until there's a deal," EU trade chief Peter Mandelson told repo

India? textile exports to the US and EU have marked a quantum jump during first half of the current calender year (January-June), marking strong performance after the elimination of quotas. In the US market, India? exports achieved a growth of 29.5% while it has grown nearly 75% in the EU. India? performance is much higher than the average growth of imports of textiles and clothing to USA, which is 10.98%,?said B K Patodia, chairman, Texprocil. In terms of growth, India stands next only to Ch

Results of a research conducted by the Sector Skill Counicl announced recently, indicate that clothing, footwear and textile sectors were experiencing skilled manpower shortages.While industry has moved from low volume to high value, the research is a pointer of the sort for the country's industires that are on the move.Research indicated that 81 percent of Welsh cited a shortage of potential recruits with the appropriate skills, qualifications or experience even as the textiles and footwear ind

US growth slowed to 3.3 per cent in the second quarter, the government said yesterday in a new estimate as economists fretted over the debilitating impact going forward of Hurricane Katrina. Gross domestic product growth in the quarter to June was down from the first estimate given by the Commerce Department of 3.4 per cent, and lower than the pace of 3.8 per cent seen in the previous three months. It said the new GDP figure "primarily reflected an upward revision to imports and a downward r

WASHINGTON ?The Bush administration announced Thursday that it was re-imposing import quotas on two types of Chinese clothing and textiles, intensifying trade tensions between the two nations in advance of a White House visit next week by China's president. The administration said that it would limit imports of fabric made with synthetic filament threads as well as bras, girdles, panty girdles and corsets in response to a surge in shipments that have battered the U.S. industry. The action was

Fierce competition and higher inputs pulled down the fashion and footwear product prices down by 30 percent in the country. Last five years trend seems to go against the present one and has turned around in a reversal of the general inflationary trends in consumer goods, IBEC's Fashion and Footwear Federation (FFF) said. The Consumer Price Index has shown that clothing and shoe prices have dropped down by 30 percent in the past five years.Fashion retailers on their part are contesting that they