Economy News

PM Modi’s Uzbekistan Visit: What It Means for the India-Uzbekistan Textile Trade

Indian Prime Minister Narendra Modi's two-day state visit to Uzbekistan on August 29–30, 2026, at the invitation of President Shavkat Mirziyoyev, has elevated bilateral relations to a Comprehensive Strategic...

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...

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...

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Simple life, skillful hands, silk weaving

Balam Jerk, a 400-year-old village in Minudasht city, the northern province of Golestan - Iran, with only 210 families is almost unknown. The inhabitants mostly...

Iran purchases Iraqi goods in exchange for exporting electricity

The spokesman of the Petroleum Products Exporters Union, Seyyed Hamid Hosseini announced that Iran purchases Iraqi goods in exchange for exporting electricity to Iraq. Speaking...

Necessity of handing over cotton seeds factories to the Union of Cotton Agricultural Cooperatives

Improving the quality of cotton seeds is another important factor in the development of cotton cultivation, and in connection with increasing the quality of...

Iran’s priority in Iraq must be economic cooperation

A member of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICC), Ali Shariati told ILNA on Tuesday that Iran's priority in ties with...

Turkish Clothing Brand Uses Iran as Production Hub

Turkish Clothing Brand Uses Iran as Production HubLC Waikiki has already placed an order with an Iranian company to produce garments labeled “Made in...

INDORAMA commits to recycle 50 bn bottles annually by 2025

Thailand-based Indorama Ventures Limited (IVL), one of the world's leading producers in the intermediate petrochemicals industry, has committed to invest $1.5 billion and achieve...

Iran’s stock market attracts $8.3b in 2 months

Iran’s stock market has attracted 350 trillion rials (about $8.33 billion) of liquidity since the beginning of current Iranian calendar year (March 20), the...

IFEMA gets ready to relaunch its activity

• IFEMA will be up and running again at the end of the summer season with some major innovations including state-of-the-art technology to support...

Coronavirus: Turkey and Egypt Garment Manufacturers Squeezed by Global Brands

As the world went into lockdown mode, manufacturers found major brands and retailers had gone 'incommunicado' Up until March, some one million Egyptian and 1.5...

TGSD Declared Open Call to Intl Brands About Fighting Against COVID-19

Turkish Clothing Manufacturers’ Association Board (TGSD) Declared Open Call to Global Brands About the Process of Fighting Against COVID -19 In the last four weeks,...
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