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World textile & apparel trade dropped in 2019: WTO, Global
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
US industry supports robust domestic procurement for PPE in USICA, United States Of America
The US Innovation and Competition Act (USICA), currently being considered by the Senate, should include robust domestic procurement policies for personal protective equipment (PPE), a broad coalition
India proposes customs duty on CAD files for 3D printing, India
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
NCTO seeks approval for collection of China 301 duties, United States Of America
The National Council of Textile Organizations (NCTO) of the US has requested the Office of Management and Budget (OMB) to reconsider and approve a proposal to direct US Customs and Border Protection
US NCTO re-elects David Roberts chairman, David Poston vice chairman, United States Of America
The US National Council of Textile Organisations (NCTO) recently re-elected David Roberts, chief executive officer (CEO) of Cap Yarns, as chairman and David Poston, president of Palmetto Synthetics,
WTO sees proof of G20 steps towards open trade policies, Switzerland
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,
ILO, BGMEA, BKMEA launch COVID-19 safety 'Learning Hub', Bangladesh
The International Labour Organisation in partnership with the Bangladesh Garment Manufacturers and Exporters Association and the Bangladesh Knitwear Manufacturers and Exporters Association recently
Global trade unlikely to reach worst-case scenario: WTO, Global
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
PRC drops WTO dispute on market economy status against EU, Switzerland
China recently lost a dispute related to its market economy status to the European Union (EU) at the World Trade Organisation (WTO) by allowing the dispute to lapse. The former fought a four-year
India rejects PRC firms' demand for market economy tag, India
India recently rejected Chinese firm's demand to grant it market economy status and will continue to treat its northern neighbour as a non-market economy, which allows the former to impose steep
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