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Turkey: Sanko Holding looks to Egypt & Uzbekistan
Sanko Holding is conducting market research into the possibility of investment in the textile sectors of Egypt and Uzbekistan, said Chairman Abdülkadir Konukoًlu. “There will never be an end to the te...
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Morocco textile industry adapting to free trade
Morocco hopes to create as many textile industry jobs as it loses over a two-year period, the kingdom's trade minister said, as firms adapt to the fall of world trade barriers by developing new niches...
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Tunisia : Drop in textile exports affects domestic apparel sector
Textile and apparel exports declined in the first quarter of 2006 that ended March. This downtrend began in the fourth quarter of 2005 and has continued since.
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Belgium Textile and Apparel sector continues to thrive
Belgium textile and apparel sector has remain successful in expanding exports both in 2005 and early 2006 despite the ever changing economics of textile and apparel production in the European Union ag...
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India: Textile sector weaves in more good news
'Projected to grow at a CAGR of 12-13 per cent, the Tamilnadu textile industry is all set to become a $ 40-50 billion industry by 2015 with the potential to create as many as 50 lakh new jobs,' says a...
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UK Textile Industry gets 4m Pound Boos
The University of Manchester’s William Lee Innovation Centre (WLIC) has secured £4m to launch a new project aimed at helping the UK textiles industry regain its competitive edge over foreign markets.
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Turkey : FTA with Tunisia & Morocco vital for Textile sector
Currently, Turkey has inked Free Trade Agreements (FTA) with 19 countries and now, the formation of Mediterranean Basin Free Trade Area, is being added which will improve economic and commercial trans...
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UAE: PCFC statistics indicate 15% growth in textile trade in 2005
The textile market in the Middle East has continued its strong growth in 2005, with total trade through Dubai touching an astonishing AED 21.5 billion, an increase of 15 per cent over the previous yea...
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Vietnam: Garment and textile sector accelerates growth in second quarter
To obtain a minimum of 25-27 percent of this year's plan in the second quarter in order to fulfill the growth target, the VGTG is striving to complete its organisation and operation regulations, and f...
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Pakistan working to increase textile export
Pakistan Prime Minister Shaukat Aziz Monday said the government was working to increase exports by the textile industry that accounts for 60 percent of the country's total exports.
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China's textile growth to continue
Over the next 10 years, China will continue to exert considerable influence on world cotton textile production, cotton production and trade, with the United States losing on the latter and Brazil gain...
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India: Textile industry confident
It is a mystery why India's textile industry slept when rival China was working overtime to capture the world market in the post-quota regime, but the domestic industry is confident of making up for l...
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Saudi private equity fund and Arab Ginning Co. agree on a new vertically integrated 350 Million USD textile Holding company
Arab Cotton Ginning Chairman Hani Olama announced last month that the company is forming a joint venture with Saudi private equity firm Amwal Al-Khaleej to create a textile holding company. The group...
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South Africa: Local clothing manufacturers have caught eye of powerful retailers
The local clothing industry is a tale of two industries, one rich and one poor. Clothing retailers are making superprofits, while clothing manufacturers have been shedding jobs and closing down. Retai...
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Pakistan working on plans to improve textile sector exports
The World Bank has urged the government to seriously concentrate on improving the low productivity and efficiency of the textile, garments and apparel industries, failing which it will not reap the be...
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India: Textile exports rise to $17 b in 2005-06
Catching up fast in the last six months, India's textile exports went up to $17 billion in fiscal 2005-06 from $13.50 billion in the previous financial year.
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China to Increase U.S. Cotton Imports With $300 Mln Purchase
China, the world's biggest importer of cotton, agreed to purchase $300 million of the fiber, reaching a record for U.S. sales of the commodity to a single country in one year.
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India & Bangladesh avail restrictions on Chinese textile exports
Quota restrictions on Chinese textile for uncertain period have been proved blessings for India and Bangladesh as the US retailers have redirected orders to these two countries.
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China has captured 74% of EU import market
The National Council of Textile Organizations (NCTO) has released a study report on apparel trade that China dominated 43% of the EU market in 2002, 55% in 2003, and 60% in 2004 and, as of November 20...
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Egypt Starts To Build $120m "industrial zone for textiles and clothing"
The General Assembly of the Industrial Development Association (IDA) has approved an international industrial zone for textiles and clothing in Borg al-Arab City, near Alexandria, an official has said...