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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Sanctioned Iran pushes local traders to seek lifeline in Iraq

Piles of plush carpets line the floors of a northern Iraq shopping centre hosting traders from neighbouring Iran who hopes the spangle of their...

Egypt, Eurasian Economic Union Discuss FTA

Egyptian Minister of Trade and Industry Nevine Gamea said that reaching a free trade agreement with the Eurasian Economic Union (EAEU) is one of...

Indian Cotton Market Is Finally Witnessing A Boom Time

By Vimal Verma The 2021 cotton market has started with a bullish trend. ICE Cotton futures for its March contract is already trading at USC...

Manufacturing Revival and Economic Recovery

By: Seshadri Ramkumar, Professor, Texas Tech University, USA (Lubbock, USA, January 15, 2021)-Manufacturing boost will play a vital role in the building of global economy. Yesterday,...

Join The Happy Visitors Club of Zhejiang Plastic Virtual Expo!

Exhibition Date: Jan. 11-17, 2021 Registration Link Organizer : CCPIT Zhejiang The development of the entire plastics industry chain is facing huge challenges after COVID-19. The impact...

Guyanese designer to help single mothers become business owners

After residing in the United States of America for 40 years, Guyanese-born fashion designer and painter, Gem Fraser, has returned to her roots determined...

Iran among five pioneers of nanotechnology

TEHRAN – Prioritizing nanotechnology in Iran has led to this country’s steady placement among the five pioneers of the nanotechnology field in recent years,...

Vietnamese, Indian garment-textile firms seek partnership chances

Hanoi (VNA) – Vietnamese and Indian businesses sought partnership opportunities in garment and textile sector during an online conference held by the Vietnamese Trade...

Biggest Middle East and North Africa Plastics Industry Virtual Exhibition

Quality Zhejiang Plastics Industry Virtual Exhibition -Middle East Station Venue: Fairsroom Online Platform Date: 11th - 17th, January. 2021 Organizer: China Council for the Promotion of International...

UAE, Indian export credit agencies sign cooperation MoU

Etihad Credit Insurance (ECI), the UAE government’s export credit company, recently signed a memorandum of understanding (MoU) with the Export Credit Guarantee Corporation of...
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