Bolivia Strengthens Cooperation With Brazil In Textile And Clothing Industry

To provide Bolivia textile and garment enterprises with the opportunity to establish new trade contacts in Brazil, the Bolivia government is forming a trade delegation to prepare for Brazil St Paul in from March 25 to 28, 2014.

Theresa Morales, Minister of Bolivia's Ministry of production development and diversified economy, said that Cuba proposed to sell 1000 points nationwide by Bolivia strategic national public. Spin Made by the company clothing 。 The trade in clothing between Bolivia and Cuba will be enhanced. Cuba has a good demand for affordable clothing. At present, Bolivia strategic national public textile company has too little capacity.

Daniel, Sanchez, President of the Bolivia Private Entrepreneurs Association, said that this is the first time Bolivia sent a delegation composed of representatives from government officials and private sector to visit Cuba to open up trade development potential with Cuba. It is reported that the organization of the trade delegation has been completed by the Ministry of trade and export of Bolivia, and has been helped by the Bolivia Trade Promotion Council and the support of the European Union.

Bolivia textile and garment enterprises will have the opportunity to show their products and promotional samples to Brazil, and meet with interested buyers in St Paul. During the trade mission in Brazil, entrepreneurs will show different buyers of Brazil textile products including T-shirts, shirts, light blankets, clothing accessories, etc. Leatherwear And leather products.

Morales said that Bolivia proposed to establish a common strategy with Cuba to deepen economic relations between the two countries so as to benefit Bolivia's industry and Commerce and Cuban people.

　　 Related links: Brazil textile mills demand downturn, domestic cotton prices continue to decline

In recent weeks, domestic prices of Brazil cotton have continued to weaken, and the stock of raw cotton in some large textile mills can be used for 3-4 months, and the small textile mill inventory can be used for one month. As energy prices rose from 150-200 rial to 800-850 rial, textile mills generally reduce the start-up rate to avoid over consumption of energy, and energy problems will also affect the country's demand for cotton for a long time. It is also known that new cotton has been sown in Mato Grosso State in Brazil, and rain has appeared in Bayi Asia last week. At present, the output of Brazil cotton is estimated at 155-160 tons.

　　 Related news: Sino Indian textile industry will strengthen cooperation and achieve win-win results.

India is the second largest producer of clothing and textile products in the world, and the only country capable of competing with China in the textile and garment industry.

India textile industry involves cotton, wool, hemp, silk, chemical fiber, knitting, etc. the annual output value of cotton spinning products accounts for more than 75% of the total output value of all textile industry in India.

Since the 90s of last century, India's textile industry has maintained rapid growth for many years, and has achieved considerable competitive advantages in the global textile market. The textile industry occupies an important position in India's gross industrial output, employment population and foreign exchange earnings.

Textile trade is one of the most dynamic and balanced trade areas in India and China. In 2013, India exported 4 billion 600 million US dollars of textiles to China, and imported 4 billion dollars from China. As the second largest cotton producing country in the world, India exports cotton mainly to China, and the two countries complement each other in the textile trade structure.

In March 4, 2014, the seminar on "investing in India's textile industry" was held in Shanghai. Conte, the new ambassador to India, said: in 2013, the trade deficit between India and China reached US $35 billion. The trade structure of India and China was unsustainable. India needs to upgrade its value chain. China can promote trade between the two countries by increasing investment in India.

Manicolm Ramaswamy, President of India Cotton Textile Export Promotion Committee, believes that there is great potential for textile trade between India and China. On the one hand, India textile industry is facing technological upgrading and needs a lot of equipment. On the other hand, there is also a large potential demand for non-woven fabrics and industrial fabrics. Therefore, foreign investment needs to be attracted, and India textile industry will be an ideal industrial transfer destination for Chinese textile enterprises beset by cost growth.

Ramaswamy pointed out that besides the cost advantages of raw materials and labor, India textile industry will also provide more competitive advantages. The land cost of US dollar denominated is decreasing. With the development of power grid, new energy development and transportation infrastructure construction, the cost of electricity and logistics is expected to continue to decline.

Ramaswamy said that textiles were the second largest export commodities in India after agricultural products. The government of India regards it as an important industry to absorb the surplus rural labor force. Therefore, a series of policies to encourage foreign investment have been introduced, including welcoming foreign businessmen to establish textile industrial parks in India.