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Iran bans export of medical products over coronavirus outbreak
TEHRAN – Iran has banned export of some self-protection equipment, textile and cellulose products as the country tries to meet surging demand of the...
Iran Industry Ministry plans to save $3.3b by surge in production
TEHRAN- Domestic production of industrial and mining products is planned to save the country over $3.3 billion in the current Iranian calendar year (began...
the International Labour Organisation calls for protecting workers after lockdown
As pressure mounts on countries to ease lockdown restrictions, the International Labour Organisation (ILO) recently urged governments to take action to prevent and control...
USITC to identify imports needed for Covid-19 response
The US International Trade Commission (USITC) has instituted an investigation that will identify imported products that may be needed to respond to the Covid-19...
S Asia might experience worst performance in 40 years
The unfolding economic crisis due to the ongoing Covid-19 pandemic is unique in several ways, and South Asia might experience its worst economic performance...
IMF: Global downturn ‘way worse’ than financial crisis
The COVID-19 pandemic has brought the global economy to a standstill and plunged the world into a recession that will be ‘way worse’ than...
EBA issue, COVID-19 exposing Cambodia’s weaknesses: AVI
The announced intention to scale back the European Union’s (EU) ‘Everything But Arms’ (EBA) preferential trade arrangement with Cambodia and the COVID-19 pandemic are...
IMPORTED CLOTHES IN THE REGION TO COST MORE AFTER TAX REVIEW
East African citizens will pay more for imported clothes should governments go ahead with plans raise taxes on imported textiles by between 30 and...
US Textile-Apparel Fibre Imports Rise in 2019
US net textile and apparel fibre imports increased for the third consecutive year in calendar 2019, as consumer demand for clothing remained strong. Net...
25 mn jobs could be lost worldwide due to COVID-19: ILO
The economic and labour crisis created by the COVID-19 pandemic could increase global unemployment by almost 25 million, according to a new assessment by...
