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World Trade Organisation : Africa Hit Hard as Global Textiles Market Opens
African textile producers are expected to be the hardest hit when rich countries end a curb on clothing imports from developing nations from Saturday, forcing Africa to compete with larger low-cost pr...
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End to textile quotas hits Morocco hard
The abolition on January 1 of textile quotas under an international agreement is a "real earthquake" threatening tens of thousands of jobs in Morocco, a top industry official said in a press report.
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Belgium : Technology platform to boost competitiveness of the European textiles and clothing industry, says Potocnik
The European textile and clothing industry launched the ‘European Technology Platform for the Future of Textiles and Clothing’ represented by the European Apparel and Textile Organisation (Euratex).
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Egypt overcomes the challenges of post 2005 with QIZ and FTA agreements with US
Egypt is striving to overcome the challenges of the ATC with securing the QIZ and FTA agreements with the US. The challenges of the implementation of the ATC agreement on the 1st of January 2005, will...
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Miro Radici Group and Oriental Weavers sign a new joint venture agreement
Recent days have seen the initialling of a joint venture agreement between the Miro Radici Group and Oriental Weavers (two of the world leading textile groups), and Ronile (the American distribution c...
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Millions worldwide fear open trade in textiles
Tens of millions of people worldwide face dramatic changes when the international quota system for textiles and clothing comes to an end on January 1, 2005, the International Confederation of Free Tra...
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EU bracing for China textile
The European Union is ready to safeguard its textiles industry if there is a surge in cheap trade from China after global import quotas are lifted in January, the EU new trade commissioner said yester...
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US not ready to budge on quota: Shipment of textiles
The Federal Commerce Ministry has apparently lost all the hopes of getting the shipment issue of six or seven categories of textile products to the US resolved through discussions and arguments and no...
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China warns US on textile import quotas
China warned the United States Wednesday that any import quotas placed on Chinese textile products will seriously impact bilateral trade ties. In a statement, the Ministry of Commerce also said it res...
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European Union Plans To Drop Punitive Tariffs On Textiles, Apparel And Other Products
European Union officials say they plan to drop some $4 billion in punitive tariffs levied on a number of US exports, including textiles and apparel, in retaliation against what they said were illegal...
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Record cotton output in top 5 countries
World top five cotton producers are forecast of record output or near record output in 2004-05. The producers are China, US, India, Pakistan and Brazil. The forecast has been provided by the Internati...
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Poor nations seek WTO textile aid
With 40 years of textile quotas about to be abolished in a move to help developing nations, a group of the world poorest countries are asking for a different approach: special trade deals to protect t...
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CHINA: Trade official hails WTO end to textile quotas from 2005
A senior Chinese trade official has said China welcomes the elimination of textile quotas beginning 2005 and is firmly against any attempt by World Trade Organization (WTO) members to block China expo...
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Turkey : Readywear exports slightly up
The ready wear exports went up slightly from $1.29 billion in August 2003 to $1.32 billion this August according to the Turkish Union of Exporters Assembly R&D Department figures. However, this neglig...
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Sri Lanka : US & EU approached for 2 years MFA extension
Anticipating massive job losses in the domestic garment manufacturing industry that was created to exploit the textile quotas, Sri Lanka has approached the US and the European Union (EU) with a sugges...
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WTO: China, India to dominate textiles
China and India are expected to dominate world trade in textiles and clothing starting next year when the United States and other industrial countries have to remove restrictions on imports, according...
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Textile exports to surge
China will boost its global clothing and textile exports by as much as half when quotas are abolished next year, a World Trade Organisation report said. Quotas on textile and clothing exports, used by...
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Congress Approves Free Trade Agreements
Before taking is summer recess, Congress approved free trade agreements with Australia and Morocco. The Australian pact had the strong endorsement of the US textile industry, but it was opposed to the...
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Turkish Textile Exports To U.S. Decrease
IZMIR - The rate of Turkish textile export to the United States is decreasing, it was learned. ''Aegean Textile and Raw Materials Exporters Association'' Chairman Fikret Misirli told A.A correspondent...
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U.S. - Morocco Free Trade Agreement: Textile and Apparel Provisions
The U.S.-Morocco Free Trade Agreement (FTA) returns to the industry-supported “yarn forward” in a Middle Eastern trade agreement. The free trade agreements (FTAs) with Israel and Jordan allow for the...