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...
Turkey, US discuss raising bilateral trade to $100 bn
Turkish trade minister Ruhsar Pekcan has said her country and the United States discussed steps to take bilateral trade to $100 billion from $20.6...
US-Africa trade talks end in Abidjan, highlight AfCFTA
Talks between African and US officials to review the African Growth and Opportunity Act (AGOA) free-trade deal ended Thursday in Côte d’Ivoire with no...
Egypt strikes deal for greater investment from China
Egypt signed a number of agreements and contracts with Chinese companies for new projects worth $18.3 billion, Egyptian Presidential spokesman Bassam Rady said in...
Turkish, US officials discuss steps for $100B target
Turkey’s Trade Minister Ruhsar Pekcan and US Commerce Secretary Wilbur Ross on Saturday addressed steps to achieve a bilateral trade volume target of $100...
Turkey loses $3bn in trade under no-deal Brexit
Turkey’s exports to the UK are expected to drop by $2.4-3 billion, in the event of a no-deal Brexit, Turkish Trade Minister Ruhsar Pekcan...
EGYPT Textile : Technological Symposium for Italian Textile Machinery
UNIDO (United Nations Industrial Development Organization) is organising, in collaboration with ACIMIT, the Association of Italian Textile Machinery Manufacturers, and Italian Trade Agency, a...
International investors explore opportunities in Kazakhstan at Caspian Economic Forum
Kazakh Invest officials presented investment opportunities in Kazakhstan to foreign companies Aug. 11-12 at the first Caspian Economic Forum held in Turkmenistan, reports Invest.gov.kz.
Kazakh...
India-Iran PTA to be concluded by 2019 end: Iranian envoy
India and Iran can conclude a preferential trade agreement (PTA) by this year end as very limited formalities are to be completed, ambassador of...
3,000 jobs for Kenyan workers by January 2020, says Mas Holdings!
3,000 jobs! garment and textile manufacturer in Kenya.Yes, that’s what the garment and textile manufacturer Mas Holdings Singapore has said. In its efforts to enhance...
Ethiopia and South Africa Unions Meet to Improve Collective Bargaining
Seven trade unionists from Ethiopia recently visited Cape Town to learn and understand strategies about collective bargaining and social dialogue.There cannot be a better...