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China tariffs by US broke global trade rules: WTO panel, Switzerland
http://www.fibre2fashion.com/news/textile-news/china-tariffs-by-us-broke-global-trade-rules-wto-panel-269883-newsdetails.htm
A World Trade Organisation panel has ruled that the US tariffs on $200 billion worth Chinese goods are illegal. The three-person panel said the US duties broke global trade rules as those applied only
Indonesian garment-textile unions, employers sign pledge, Indonesia
http://www.fibre2fashion.com/news/textile-news/indonesian-garment-textile-unions-employers-sign-pledge-269537-newsdetails.htm
Four garment and textile unions and three employer associations in Indonesia recently signed a commitment to promote safety, health and welfare of workers and business sustainability. The declaration
Over one in six youth out of work due to COVID-19: ILO, Switzerland
http://www.fibre2fashion.com/news/textile-news/over-one-in-six-youth-out-of-work-due-to-covid-19-ilo-267576-newsdetails.htm
More than one in six young people have stopped working since the onset of the COVID-19 pandemic while those who remain employed have seen their working hours cut by 23 per cent, according to the
World textile & apparel trade dropped in 2019: WTO, Global
http://www.fibre2fashion.com/news/textile-news/world-textile-apparel-trade-dropped-in-2019-wto-269065-newsdetails.htm
The value of the world textile trade decreased by 2.4 per cent year-on-year to $305 billion, while apparel trade dropped 0.4 per cent to $492 billion, according to the World Trade Statistical Review
World merchandise trade to fall sharply in H1 2020: WTO, India
http://www.fibre2fashion.com/news/textile-news/world-merchandise-trade-to-fall-sharply-in-h1-2020-wto-267435-newsdetails.htm
The volume of world merchandise trade is likely to fall precipitously in the first half of 2020 as the COVID-19 pandemic disrupts the global economy, the WTO Goods Trade Barometer released this week
India proposes customs duty on CAD files for 3D printing, India
http://www.fibre2fashion.com/news/textile-news/india-proposes-customs-duty-on-cad-files-for-3d-printing-268753-newsdetails.htm
Pushing its case for countries to be able to tax electronic transmissions, India recently proposed imposing customs duties on computer-aided design files needed for 3D printing. Electronic
WTO sees proof of G20 steps towards open trade policies, Switzerland
http://www.fibre2fashion.com/news/textile-news/wto-sees-proof-of-g20-steps-towards-open-trade-policies-268305-newsdetails.htm
Tariff increases, import bans, stricter customs procedures, export duties and other such measures introduced between mid-October last year and mid May this year affected 2.8 per cent of G20 trade,
Global trade unlikely to reach worst-case scenario: WTO, Global
http://www.fibre2fashion.com/news/textile-news/global-trade-unlikely-to-reach-worst-case-scenario-wto-268160-newsdetails.htm
World trade fell sharply in the first half of the year 2020, as the COVID-19 pandemic upended the global economy. However, rapid government responses helped temper the contraction, and WTO economists
ILO calls for urgent policy measures to support businesses, Switzerland
http://www.fibre2fashion.com/news/textile-news/ilo-calls-for-urgent-policy-measures-to-support-businesses-266913-newsdetails.htm
The continued sharp decline in working hours due to COVID-19 means 1.6 billion informal economy workers, i.e., nearly half of the global workforce, are in immediate danger of losing their livelihoods,
India's new FDI rules violate WTO trade principles: PRC, India
http://www.fibre2fashion.com/news/textile-news/india-s-new-fdi-rules-violate-wto-trade-principles-prc-266646-newsdetails.htm
India's new foreign investment rules, introducing additional barriers, violate World Trade Organisation principles of non-discrimination and are against free and fair trade, the Chinese embassy in New
 
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