Economy News

PM Modi’s Uzbekistan Visit: What It Means for the India-Uzbekistan Textile Trade

Indian Prime Minister Narendra Modi's two-day state visit to Uzbekistan on August 29–30, 2026, at the invitation of President Shavkat Mirziyoyev, has elevated bilateral relations to a Comprehensive Strategic...

India-New Zealand FTA Creates US$2 Billion Export Opportunity for Indian Textile Industry

India's textile and apparel industry is expected to benefit significantly from the forthcoming India-New Zealand Free Trade Agreement...

NCTO Voices Concerns Regarding USTR’s Textile Mechanism, Part of Administration’s Section 301 Actions on Forced Labor

The National Council of Textile Organizations (NCTO), which represents the full spectrum of the U.S. textile industry from...

U.S. Textile and Apparel Industry Unites Behind New Trade Incentive Proposal

For the first time in recent years, leading U.S. textile manufacturers, apparel brands and retailers have jointly proposed...

Afreximbank: Africa’s Economy Grows 4.5% in 2025 Despite Global Trade Challenges

Africa strengthened its economic resilience in 2025, recording faster economic growth despite rising geopolitical tensions, slowing global demand...

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Trade exchanges between Iran, Zimbabwe to increase to $500M

Iranian Minister of Cooperatives, Labor, and Social Welfare Solat Mortazavi predicted that trade exchanges between Iran and Zimbabwe would increase to more than $500...

BRICS Membership Expands Iran’s Economic Ties: Businessman

He emphasized the importance of Iran becoming an official member of international and regional organizations such as BRICS, following its accession to the Shanghai...

Textile SIT to Target Serial Defaulters

The Special Investigation Team (SIT) formed to probe cases of fraud in the textile industry has shelved more than 1,000 applications which were around...

Pakistan’s Textile Exports Fall 6% Year-on-Year in August, Clock in at $1.48bn: APTMA

Pakistan's textile sector experienced a decline in exports, with August figures at $1.48 billion compared to $1.58 billion from the previous year, marking a...

Iran, Qatar Stress on Developing Cooperation, Especially in Labor, Employment Fields

Iranian Minister of Labor and his Qatari counterpart emphasized the expansion of cooperation in fields of labor, employment, and exchange of skill training experiences. On...

TEXWORLD NYC: Your Gateway to Global Textile and Apparel Sourcing

Twice a year in New York City, thousands of international exhibitors gather to connect with buyers for the largest sourcing event on the East...

Prashanta Group Celebrating 1000 M/Cs in Surat

Prashant Group; comprises of India’s premier engineering companies, offers One-stop solution in the field of weaving preparation & logistics with a strong commitment to...

Iran, Saudi Arabia Stress Need for Signing investment, Customs, Trade Agreements

Iranian Minister of Economic Affairs and Finance, Ehsan Khandozi met with Mohammed Al-Jadaan, Minister of Finance of Saudi Arabia at the sideline of 2023...

Armenia Seeking Access to Arab Markets, India through Iran

“Armenia and Iran attach great importance to the prospect of carrying out shipments through the Persian Gulf-Black Sea logistic route, and the Armenian side...

OETI and MeineRaumluft Join Forces for a Healthy Indoor Climate

The leader in the field of indoor air certification in Austria, ‘OETI - Institute for Ecology, Technology and Innovation’ (or OETI for short), is...
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