Economy News
Economy News
India Achieves 7% Growth in Textile Exports
India's textile exports, including handicrafts, recorded a 7% increase from April to December 2024, reinforcing the country’s position as a key player in the global textile market. Minister of...
Economy News
UAE and Central African Republic CEPA to Boost Trade Beyond AED3.67 Billion
The UAE and the Central African Republic (CAR) have signed a Comprehensive Economic Partnership Agreement (CEPA) aimed at...
Economy News
NCTO Expresses Concern Over President Trump’s Tariffs on Mexico and Canada
The National Council of Textile Organizations (NCTO) has raised serious concerns regarding the Trump administration’s recent decision to...
Africa
Africa’s Economic Challenges: An Opportunity for Transformation, Says UNCTAD
Africa’s economic struggles, marked by dependency on volatile global markets, infrastructure deficits, and escalating debt, offer a unique...
Economy News
EURATEX Urges Stronger Enforcement for Fair and Safe E-Commerce in the EU
The European Commission’s latest communication on e-commerce highlights growing concerns over direct-to-consumer imports via online marketplaces. EURATEX supports...
Uzbekistan joins EU’S GSP+ arrangement
Uzbekistan has gained privileges for duty-free exports to the EU through GSP Plus scheme. It came into force on April 10, the Ministry of...
Tunisia: reported investment in industry down 27.3% in Q1 2021
Reported investments in the industrial sector have dropped by 27.3% in the first quarter (Q1) of 2021, to 724 million dinars (MD) compared to...
Zimbabwe: Global Fund Invites Govt to Apply for U.S.$75 Million Grant Access
By Alois VingaInternational financier, Global Fund (GF) has invited Zimbabwe to submit a funding request in order to access the US$75 million Covid-19 Response...
Turkey, Egypt to benefit from cooperation on East Med
As Ankara and Cairo adopt a more reconciliatory tone and are scheduled to meet next month, experts point out that cooperation in the Eastern...
Morocco Second Largest African Investor in France in 2020
Rabat – In 2020, Morocco became the second biggest African investor in France, representing a 0.5% share of France’s total foreign investment.According to Foreign...
India-UAE-Israel trilateral trade could reach $110 bn by 2030
Tapping into the mutual strengths of India, Israel and the United Arab Emirates could propel the trilateral trade among these nations to $110 billion...
Exclusive exhibition of Iranian products to be held in Sulaymaniyah
TEHRAN- An exclusive exhibition of Iranian products is planned to be held in Sulaymaniyah of Iraqi Kurdistan in late May.Iran had also held an...
NNF DESIGN PRESENTATION 2021
DESCAT UK- Dev Ethical Sustainable Crafts and Textiles- a DIPP recognized B2B social impact startup for fashion, is organizing “NNF DESIGN PRESENTATION-2021” during Fashion...
Turkey’s exports to UK surge in Q1 following post-Brexit FTA
Turkish exporters have seen a noteworthy surge in exports to the United Kingdom from January to March this year following the signing of a...
Turkish firms plan to spend $50 million to construct textile factories in Azerbaijan
Turkey-Azerbaijan Turkish firms plan to spend $50 million to construct textile factories in the liberated territory of Azerbaijan according to the TÜMKİAD (Turkish Association...