Economy News

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 (FTA), which is set to enhance bilateral trade, improve market access,...

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...

Mohawk Cleared to Acquire Bremworth as Deadline Looms for New Zealand Wool Carpet Deal

Mohawk Industries has received regulatory approval to acquire Bremworth, bringing one of New Zealand’s best-known wool carpet manufacturers...

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Textile sector needs innovative technologies for faster growth

Textile sector :: Innovative technologies can be the answer to a greener footprint within the hydrocarbon dependent textile industry, concluded industry experts at a...

The Middle East ; Which Are The Middle Eastern Countries?

The Middle East is a term that is generally used to refer to the region located between the Asian and African continents. It is...

Italian Textile Machinery Orders Intake Down in Second Quarter

  Italian textile machinery orders, as elaborated by ACIMIT, the Association of Italian Textile Machinery Manufacturers, for the period from April to June 2019, fell...

Vietnam’s success journey putting Bangladesh’s RMG sector under threat

Vietnam has become a huge competitor in the global RMG sector for Bangladesh. The South-Asian country has been an emerging giant in the global...

Isfahan – Iran ; Exports of goods increased by 174%

 Exports of goods from Isfahan customs in the first three months of this current Iranian year (starting in March 21) increased by 174 percent...

Pakistan’s Adviser urges rice exporters to benefit from Iran market

Pakistan’s Adviser to Prime Minister on Commerce, Textile, Industries and Production Abdul Razak Dawood urged his country's rice exporters to benefit from Iran market,...

Bangladesh stood on 2nd largest FDI reciepent of South Asia

Foreign direct investments are commonly made in open economies. It may include provisions of management and technology as well. The key feature of direct investment...

Russia Primary Consumer of Uzbek Textile Products

Russia remains the primary consumer of Uzbek textile items, according to the Uzbek state statistics committee. During January-May 2019, more than 38 per cent...

India-Kyrgyzstan 5-yr road map to raise trade: Modi

India and Kyrgyzstan have prepared a five-year road map to raise bilateral trade and urged business communities from both sides to explore the untapped...

Senior Iran MP Calls for Resumption of Banking Ties with Pakistan

A senior member of Iranian parliament says that resumption of banking ties between Iran and Pakistan is very important to enhance trade cooperation between...
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