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    Recent International Textile And Apparel News Express

    2013/5/14 14:08:00 43

    NewsTextilesClothing

       Sri Lanka was invited to Uganda. Spin Industrial investment


    When Sri Lanka President Rajapaksa paid a state visit to Uganda, she was asked by a cotton exporter in Uganda. Sri Lanka invested in a textile mill in Uganda. The company from Sri Lanka has established a micro power plant in Uganda.


    The talks with Uganda's president, Museveni, focused on agriculture, energy and trade, the Sri Lankan President's office said in a statement.


    President Museveni has asked Sri Lanka to help build the textile sector in Uganda. In Sri Lanka, only 5% of domestic cotton is consumed domestically.


    Sri Lanka's company has built a 6.6 megawatt micro power plant in Uganda. Officials in Uganda said Sri Lanka's company worked under difficult terrain conditions and completed the construction of the plant within the budget.


    There are investment opportunities in Uganda's oil refining, pipeline construction, storage and waste management.


    Sri Lanka invested $1 million 500 thousand to upgrade the Ma Su Rita training center in Uganda.


    Uganda is one of several countries opposing the United States human rights resolution on Sri Lanka.


     


    Turkey's prime minister believes that Turkey's textile sector is ahead of other countries.


    When Sri Lanka President Rajapaksa paid a state visit to Uganda, she was asked by a cotton exporter in Uganda. Sri Lanka invested in a textile mill in Uganda. The company from Sri Lanka has established a micro power plant in Uganda.


    The talks with Uganda's president, Museveni, focused on agriculture, energy and trade, the Sri Lankan President's office said in a statement.


    President Museveni has asked Sri Lanka to help build the textile sector in Uganda. In Sri Lanka, only 5% of domestic cotton is consumed domestically.


    Sri Lanka's company has built a 6.6 megawatt micro power plant in Uganda. Officials in Uganda said Sri Lanka's company worked under difficult terrain conditions and completed the construction of the plant within the budget.


    There are investment opportunities in Uganda's oil refining, pipeline construction, storage and waste management.


     


       Sri Lanka invested $1 million 500 thousand to upgrade the Ma Su Rita training center in Uganda.


    Uganda is one of several countries opposing the United States human rights resolution on Sri Lanka.


    Turkey's prime minister, Recep Tayyip Erdogan, said El was in textile. clothing Turkey is not lagging behind other countries in the field. On the contrary, he said Turkey's textile and garment industry is very prosperous and ahead of other countries.


    At the sixth Istanbul fashion fashion conference hosted by the Istanbul Garment Manufacturers Association, he said he thought the conference would attract more entrepreneurs to enter the Turkey market.


    He will visit the United States in May 16th. The prime minister said that promoting economic relations and trade between the two countries will be part of his domestic agenda.


    Because bilateral trade between the two countries is now about $20 billion, which is negligible.


     


    Textile exports rose slightly in Sri Lanka in the first quarter of 2013.


    A report from the Central Bank of Sri Lanka showed that Sri Lanka's exports of textiles and clothing increased by 1.3% from $1 billion 36 million in 2012 to $1 billion 50 million in 1-3 this year.


    Garment exports increased by 5% to 3 billion 445 million US dollars in March 2013. The report pointed out that in the current quarter, Sri Lanka clothing exports to the United States increased, while clothing exports to the EU decreased.


    Contrary to the rise in textile exports, Sri Lanka's overall exports fell by 8.1% in the first quarter of 2013, down from 2 billion 570 million US dollars in January 2012 to 2 billion 360 million US dollars in the same period in January 2012.


    In the first quarter of 2013, Sri Lanka textile imports showed a negative growth of 6.7%. Imports dropped from US $532 million 100 thousand in -3 months in January 2012 to US $496 million 200 thousand in the same period this year.


    The main reason for the decrease in textile imports in Sri Lanka in the first quarter of 2013 was a sharp decline in textile imports. In the same month, Sri Lanka textile imports decreased by 32% to 130 million 100 thousand US dollars.


    Last year, Sri Lanka exported $3 billion 800 million of textiles and clothing, and the target set by the state for textile and clothing exports this year was US $4 billion 100 million.


    The textile industry accounts for more than half of Sri Lanka's total exports.


     


    EU increases import tax, and American jeans manufacturers consider moving to Mexico.


    May 13th, according to a news agency May 13th, American jeans manufacturers are planning to move their production base to Mexico because the EU tariffs on imported jeans made in the United States have increased to three times.


    Last month, the European Commission announced that the duty on women's jeans will be increased from 12% to 38%, effective from May 1, 2013.


    In addition to the high-end jeans manufacturers in the United States, the increase in EU import tariffs will also affect the vast number of network contractors supplying these companies from cowboy library processing and washing to textiles and pruning businesses.


    "The sharp rise in tariffs has prompted American jeans companies to manufacture products in countries that are not affected by this tariff, causing local factories to lay off workers," said President of the California Fashion Association. Our brands will remain in business, but they are made in Mexico. But the base of work, factories, warehouses and suppliers will not be nearby. "


    The growth of EU jeans importers is expected in the US jeans industry in Europe. Sale When it can recover. In the first two months of this year, the export of American jeans increased by about 20% compared to the same period last year, reaching 7 million 400 thousand US dollars.

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