South Asia Free Trade Zone Becomes A Hot Spot For Textile Investment

　　 South Asia The free trade area (India, Pakistan, Bangladesh, Sri Lanka, Nepal, Bhutan, Maldives and other seven countries) is close to 1 billion 653 million, and is the largest in the free trade area composed of developing countries.

SAFTA "South Asian Association for Regional Cooperation, SAARC" of South Asian Association for regional cooperation, with a large number of young people and low labor force, has now become a new production base for labor-intensive industries from the mainland of China, and many foreign businesses such as textiles, garments, footwear, toys, daily necessities for daily life and parts of steam turbine parts have gradually moved to South Asia to set up factories.

Famous businesses such as Baocheng, Wan Bang shoe industry Xin, Ju Yang, run Xing, How Are You (Indonesian Taiwanese businessmen) have been stationed in India and Bangladesh.

Although India is the most persistent among WTO members. Trade protection One of the countries, but in the SAFTA member countries, Maldives and India are the least sensitive countries.

As a "big brother", in 2012, India reduced the "sensitive items" from 868 to 614, and reduced four LDC to Bangladesh, Nepal, Bhutan and Maldives to only 25 items.

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According to statistics, in the month of 1~6, Jiangyin exported 277 batches of wool and 1970 tons of wool, with a value of 28 million 290 thousand US dollars. For the first time in Jiangyin, a wool designated processing enterprise in Egypt, the export of Egypt's fine and short hair products has reached 11 batches and 72 tons in 1~6 months, and its value is 346 thousand US dollars.

It is understood that in recent years, affected by the economic environment at home and abroad, the wool textile industry is facing many unfavorable factors such as the decline in business volume and the rising cost. The export volume of wool products such as wool sliver and short wool in Jiangyin also shows a downward trend. In order to better open up the market and adapt to the environmental changes, a wool fixed-point processing enterprise in Jiangyin sought to export short and fine wool to Egypt earlier this year.

After being informed of this situation, the Jiangyin inspection and Quarantine Bureau promptly instructed the enterprises to strictly carry out animal quarantine and pre shipment inspection on the export of Egypt's fine and short hair products in strict accordance with the requirements of the entry and exit animal and Plant Quarantine Act, the bilateral agreement between China and Egypt and the relevant regulatory documents, and optimize the inspection process at the same time, further shorten the inspection time and issue certificates in time to ensure the smooth clearance of the products. In the 1-6 month of this year, the company exported 11 batches and 72 tons of Egyptian short and fine products, and its value was $346 thousand.