Ethiopia, China, and Germany have pledged to increase their cooperation regarding the promotion of the social, labour, and environmental standards in the textile sector of Ethiopia. Representatives of the three countries endorsed their commitment towards the ‘Sustainable Textile Investment and Opera Read More

Viet Nam, India and the Philippines stand out on both speed and scale of projected trade growth through 2026. All three have potential to benefit from efforts by many companies to diversify China-centric production and sourcing strategies, the document said.While emerging economies increased their s Read More

Though trade growth forecasts have been downgraded due to the war in Ukraine, they still call for trade to grow slightly faster in 2022 and 2023 than it did over the preceding decade, the atlas said.E-commerce sales boomed during the pandemic and forecasts point to strong cross-border e-commerce gro Read More

The COVID-19 pandemic has not been the major setback for global trade that many anticipated; rather international trade in goods has surged by as high as 10 per cent above pre-pandemic levels, even in the face of significant supply bottlenecks that constrained further growth, and trade growth is exp Read More

China and Uzbekistan have signed a trilateral Memoranda of Understanding (MoU) regarding the management of the Kyrgyz section of the China-Kyrgyzstan-Uzbekistan railway project. The Central Asian state also approved the boosting of exports of textiles, shoes, and other goods to China in exchange for Read More

In Ludhiana market, polyester-cotton, poly spun and recycled yarn was priced lower as demand remained very weak. According to trade sources, market will have to wait for some more time for better market sentiments. 30 count PC combed yarn (48/52) was sold at ₹260-270 per kg (GST inclusive), accordin Read More