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...
Int’l Machine-Made Carpet and Flooring Exhibition Held in Tehran
Save the date: 13 - 16 September 2019 / Tehran - Iran
The 10th edition of International Floor Covering, Moquette, Machine made Carpet, and Related...
Armenian Alex Textile to invest AMD15.6 bn to raise output
The Armenian Government recently decided to offer customs benefits to Alex Textile as the company has announced to invest more than 15.6 billion drams...
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Nepal’s pashmina export revenues fall despite incentives
Nepal’s pashmina export revenues are plunging despite high priority accorded to the sector, say officials. According to Nepal Rastra Bank, export revenues were Rs...
Indian investors urged to partner with Kenyan counterparts
Indian high commissioner to Kenya Rahul Chhabra recently urged Indian investors to partner with Kenyan counterparts, especially in pharmaceutical and textile sectors that have...
Scholar: Pakistan relying on Iran to provide energy
Pakistani Scholar from the University of Karachi Ayaz Ahmed underlined Pakistan's reliance on Iran in various fields, namely in electricity, saying Pakistan has hailed...
Pakistani experts emphasize on non-dollar trade with Iran
Speakers at a conference in Pakistan stressed upon the need to enhance non-dollar trade with Iran to boost economic ties between the two friendly...
Bangladesh to Increase Trade Exchanges with Iran
Bangladesh economic attaché in Tehran Mohammed Sabour Hussein on Wednesday referred to economic sanctions against Iran and called for expansion of economic cooperation with...
Australia, Indonesia Sign Free Trade Agreement
Australia and Indonesia signed the Indonesia-Australia Comprehensive Economic Partnership Agreement (IA-CEPA) on March 4, launching a new chapter in economic ties between the two...
Maharashtra industrial policy aims ₹10 trillion investment
Maharashtra recently unveiled an industrial policy for 2019-24, promising investments worth ₹10 trillion and 40 lakh jobs. Focussed on industrial growth and development of...