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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Better Work Jordan and the Trade Union of Textile Workers sign a MOU

Better Work Jordan and the General Trade Union of Workers in Textile, Garment and Clothing Industries sign a Memorandum of Understanding Amman – A Memorandum...

Made in Ghana : making textile production socially and ethically responsible

The textile industry is becoming an increasingly important economic sector for some African countries. But how can factories in these countries become more productive...

TOGO Fashion and Textile Industry Rely on WAX Printing

Togo, country of western Africa. lome, the capital, is situated in the southwest of the country and is the largest city and port. Until...

UK-Japan Free Trade Agreement for UK fashion and textiles

The government has recently announced that it has, in principle, secured a Free Trade Agreement (FTA) with Japan. The FTA has to be signed...

East Africa Plans Higher Import Tariffs to Protect Textile Industry

The East African Community (EAC) is considering higher import duties on finished textile products as part of efforts to protect local manufacturers, encourage domestic...

Ethiopia: Textile Sector Moves Promising Step Amid Challenges

The Ethiopian Textile Industry Development Institute (ETIDI) disclosed that the nation earned over 171.7 million USD during the just ended budget year from textile...

TEXTILES DESIGNED TO PERFORM SUSTAINABLY

Sustainable features offer added value to performance textiles for the home. Once found primarily in high-traffic commercial and hospitality settings, performance textiles are increasingly making...

Turkey set to break new export records after pandemic

Turkey saw similar declines during crises, but managed to rapidly hit new records, says head of the exporters association Turkey's exporters will recover quickly and...

European Bank, Moroccan NGO Conclude Loan to Support Women Entrepreneurs

By Safaa Kasraoui  The European bank aspires to assist Al Amana Microfinance in supporting women entrepreneurs and developing income-generating activities in rural areas. Rabat – The...

How to Rebuild the African Fashion Industry in The Post Pandemic Era

Thinking digital and circular solutions As factories close their doors and border closures and travel restrictions interrupt supply chains, the workers have been left to...
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