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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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...

Pakistan’s Growing Energy and Economic Ties with Iran

Interview with Ayaz Ahmed, Scholar at the University of Karachi By Ali Izadi – Edited by Safar Sarabi Pakistan Welcomes Iran’s Electricity Supply Offer Pakistani scholar Ayaz...

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’s Economic Attaché in Tehran, Mohammed Sabour Hussein, has called for the expansion of economic and trade cooperation between Bangladesh and Iran, despite the...

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...

Dubai Chamber to back Ghana’s textile-apparel industry

The Ghana textile apparel industry could receive business guidance, investment support and assistance in accessing the Dubai market through the Accra office of the...

S African firms interested in a Mozambique textile unit

South African textile firms are eager to reactivate the factory in Mozambique’s Chimoio belonging to the former Textáfrica – Sociedade Têxtil de Vila Pery,...

China’s Zhejiang province to Raise trade with Africa

The Zhejiang province in China plans to raise its trade volume with Africa to $40 billion by the end of 2022 to account for...

Indian exporters should tap Africa more: Exim Bank MD

Indian exporters need to tap more African countries that have an almost ‘unlimited market’, according to David Rasquinha, managing director of Export Import Bank...
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