Chinese garment quotas breathing life into vulnerable Asian textile sectors

Chinese garment quotas breathing life into vulnerable Asian textile sectors
AFP Business News via Yahoo! Australia & NZ Finance

HNOM PENH (AFP) – Asia’s most vulnerable garment sectors have survived — even flourished — and proved the nay-sayers wrong during their first year without the protection of the global quota system.

But industry officials say they have only done so with the help of additional safeguards imposed by the United States and European Union against textile giant China

The end in December 2004 of the decades-old international quota system known as the Multi-Fibre Arrangement (MFA), which gave developing countries guaranteed access to developed countries’ markets, was expected to doom the garment sector in countries like Cambodia, Bangladesh and Vietnam Read more about Chinese garment quotas breathing life into vulnerable Asian textile sectors

China : Textile & garment sector to blossom in 2014

China : Textile & garment sector to blossom in 2014
March 13, 2014/Fibre2fashion.com

Chinese textile industry is expected to record a 20 percent rise in value earnings and 10 percent increase in yarn and chemical fibre production in 2014 over last year.

As for the exports, a 15 percent growth in textile and garment exports is foreseen.

China Textile Industry Association reported that the emphasis will be on industrial restructuring, upgrading and independent innovation. Read more about China : Textile & garment sector to blossom in 2014

Pakistan : Project for garment workers’ training mooted

Pakistan : Project for garment workers’ training mooted
March 13, 2014/Fibre2fashion.com

A project meant to create training facilities in woven as well as knitted garment sector for female workers and others has been put forth to industrialists.

However, the training program entails a burden of Rs 28,000 on each worker’s training, forcing industrialists to write to Ministry of Textile to share 50 percent of the expenses to be incurred, sources said. Read more about Pakistan : Project for garment workers’ training mooted

Vietnam tries ex-trade boss for US garment graft

Vietnam tries ex-trade boss for US garment graft
Daily Times, Pakistan

HANOI: A former vice minister of trade went on trial on Tuesday on charges of accepting thousands of dollars in bribes involving garment and textiles exports to the United States.

The former official, his son and 12 others are the latest among dozens of officials to be prosecuted for graft in recent years as Vietnam’s ruling Communist Party makes fighting corruption one of its major policies.

The main defendant in the Ho Chi Minh City People’s Court is Mai Van Dau, who was arrested in November 2004 while he was vice minister of trade, on charges of abuse of office. Read more about Vietnam tries ex-trade boss for US garment graft

China textile exports fall in Feb. on weaker demand, harsh weather

China textile exports fall in Feb. on weaker demand, harsh weather
Xinhua, China

BEIJING, March 13 (Xinhua) — China’s textile and garment exports in February dropped 32.9 percent from the previous month, largely due to weakening U.S. and European demand and the severe winter storms, customs authorities said.

Exports reached 10.3 billion U.S. dollars last month, down 8.5 percent from a year earlier, according the General Administration of Customs. Read more about China textile exports fall in Feb. on weaker demand, harsh weather

Govt to formalise unconditional duty free access of garments from Sri Lanka & Bangladesh

Govt to formalise unconditional duty free access of garments from Sri Lanka & Bangladesh
Economic Times, India

NEW DELHI: For the domestic textile sector, already bleeding due to the rupee appreciation, this may add insult to injury. The government is all set to formalise unconditional duty free access of garments from Sri Lanka and Bangladesh up to specified limits. The move is guided by the South Asian Free Trade Area Agreement (SAFTA) Read more about Govt to formalise unconditional duty free access of garments from Sri Lanka & Bangladesh

Garment industry looking at export target of $25 bn

Garment industry looking at export target of $25 bn

Hindu, India

Chennai, March 13. (PTI): The garment industry in the country is looking at achieving an export target of $25 billion by 2014-11, a top Apparel Export Promotion Council official said.

Garment exports would touch $9.3 billion this year ending March, recording a growth of 9-10 per cent over last year, AEPC Chairman Vijay Aggarwal said at the inauguration of Apparel Training and Design Centre (ATDC) at Mogappair here. Read more about Garment industry looking at export target of $25 bn