The Latest Dynamic Express Of International Textile Industry (6.1)

< p > < strong > < /strong > < a > href= > http://www.91se91.com/news/ > > strong > Korean textile enterprise < /strong > /a > strong > invest in Vietnam to establish cotton yarn factory < /strong >

< p > South Korea < a target= "_blank" href= "http://www.91se91.com/" > textile < /a > enterprise KyungBang invested $40 million a day in Pingyang province of Vietnam to establish a cotton yarn factory.

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< p > the cotton yarn factory is located in the Ba Bang Industrial Zone. The total cost of the plant is 140 million dollars. The establishment of the cotton yarn factory is a key project in the first stage of the industrial zone.

According to KyungBang Vietnam CEO Lee Kap Soo, the plant has 25920 spindles and is equipped with high-end spinning machines from Lida and the company.

The cotton mill expects to produce 6600 tons of yarn per year and is planning to become the main supplier of yarn for local textile and garment manufacturers.

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< p > < strong > Bangladesh clothing exports or threat from Indonesia < /strong > < /p >

(P) the Bangladesh Exporters Association and Bangladesh garment exporters association said recently that since the collapse of the building in the country, the foreign buyers are gradually shifting their orders to Indonesia and other relatively stable countries since the impact of the unstable political situation and frequent garment factory safety incidents.

In recent years, Bangladesh's high added value < a target= "_blank" href= "http://www.91se91.com/" > clothing "/a" exports gradually increased, the industry is particularly worried about foreign buyers to pfer this part of the order to Bangladesh.

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< p > Indonesia is the main competitor of Bangladesh a href= "http://www.91se91.com/news/index_c.asp" > clothing export < /a >. The price advantage of Meng garment export is obvious, but Indonesia's recent increase with foreign businessmen has aroused high attention from the Bangladesh apparel industry.

According to Meng insiders, the impact of orders will be reflected in the export figures of ~10 in August this year. Bangladesh professionals need to take active actions to enhance the international image of the garment export industry in the country.

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< p > < strong > India is required to cancel textile export subsidy < /strong > /p >

< p > recently, accusations against WTO textile export subsidies by some members of India have been increasing.

The European Union and Japan joined the United States and Turkey and jointly asked India to stop providing new subsidies to its textile industry and phasing out existing export subsidies.

But India insists that many of the so-called "subsidies" mentioned by the United States and other members are actually not subsidies, but return on input taxes.

India pointed out that before the phasing out of these measures, the nature of the measure must first be defined.

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< p > at the recent meeting of the Committee on subsidies and countervailing measures of the WTO, the United States expressed concern about the reports of India media on new subsidies to the textile industry. Turkey thought India's export subsidies had caused unfair competition to Turkey's textile industry. Japan and the European Union also expressed concern about this.

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< p > textile industry is the industry that India offers the most employment opportunities, which is very important for India's economic growth.

In the context of the current global economic downturn and declining demand, the government of India has given some incentives to its textile exporters.

WTO allows annual members whose income per capita is less than $1000 to provide export subsidies under the proportion of exports less than 3.25% of Global trade, while India's < a href= "http://www.91se91.com" > textile exports < /a > share in global textile trade.

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