Trade

India needs to explore ways to face the challenges arising out of some legislations in the European Union that are violative of WTO agreements and bound to make Indian exports to the region less competitive.

Although the garment industry in the Hashemite Kingdom of Jordan remains politically and economically important, highlighted as a “high-value industry” in the Economic Modernization Vision of the country, the sector is going through increased uncertainty.

In a significant export barrier for US cotton to Bangladesh, as well as "saving" the country’s mills time and money, Bangladesh has decided to relax its nearly-five-decade-long fumigation requirement on US cotton imports.

Euratex, the voice of the European textile and clothing industry, has urged on the need to stabilise inflation, restore consumer confidence and ensure a level playing field for this industry.

It's difficult to predict the future with certainty, but Colombia has the potential to become a more robust exporter. Abundant natural resources, a growing manufacturing sector and measures by the government to improve the country's competitiveness, make it easier for companies to export goods. However, the success of these efforts will depend on multiple factors, Craig Dempsey, Chief Executive Officer of the Bogotá-based Biz Latin Hub tells texfash.com in the concluding piece of this WireFrame series on Colombia.

A report on fast fashion purchasing practices in the European Union paints a grim picture of the tenuous trade relations between brands and manufacturers, with business-to-business power imbalances, giving buyers even more influence in defining terms and conditions than elsewhere. 

In early February, southern Türkiye and northern Syria were devasted by a series of earthquakes, with the most severe reaching 7.8 on the Richter scale. Over 1,600 garment and close to 1,300 textile companies operate in the 11 affected provinces, with a third of the country's apparel and textile workers employed here. As Türkiye's textiles-apparel industry steps out of the ruins, it is in dire need of business.

Punitive tariffs imposed by the US on apparel, footwear, travel goods and furniture imported from China have failed to make a significant negative impact on Chinese exporters. The additional cost burden associated with the tariffs is instead being passed on to the final consumer — the American family.

A new research paper estimates how Brexit has affected goods trade between the United Kingdom and European Union. Using product-level trade flows between the EU and all other countries in the world as a comparison group, the study finds a sharp decline in trade from the UK to the EU and significant but smaller reductions in trade from the EU to the UK.

A partnership between educational institutions in the US and Honduras will facilitate the continued reshoring of textile and apparel production to the US and Central America. A texfash.com report.