| Europe : Pakistani textiles may get improved trade access to EU (September 14, 10)|
Various plans for improved trade access for Pakistan as well as suggestions on temporary postponement of duties on major Pakistani textile goods will soon be discussed by European Union Trade Ministers. EU Trade Chief, Mr. Karel De Gucht has submitted a proposal, which is the part of a new EU strategy framed to assist Pakistan’s embattled textiles sector.
| India : Rains in North may hit paddy, cotton in Haryana (September 14, 10)|
Widespread rains, lashing second time in the current Kharif season in various parts of Haryana, may hit an early variety of paddy, which is on the verge of maturity, even as the state is expecting over 55 lakh metric tonne (MT) crop this year.
| India : Textile units seek ban on cotton exports (September 14, 10)|
Coming down heavily on the government for ‘premature' announcement of opening of cotton exports for the coming cotton season, the textile industry has urged the Centre not to allow registration of contracts for the export of the raw material till January next.
| Vietnam : Vietnam seeks gains as China labor costs rise (September 13, 10)|
A recent spell of walkouts over pay and conditions in China’s southern export zone seems likely to spur low-cost producers to expand operations in countries where wages remain significantly lower than in China.
| India : Finance ministry plans to align tax refund rates with duty structure (September 13, 10)|
The finance ministry plans to cut tax refund rates for exporters by up to a quarter as it looks to unwind the remaining fiscal stimulus measures announced in 2008 to prop the economy during the global economic downturn, a decision that could hurt the country’s export competitiveness in an uncertain global market.
| India : Demand for eco-friendly apparel grows (September 13, 10)|
Being eco-friendly has acquired a business sense in retail. With apparel retailers including Wills Lifestyle, Van Heusen, Benetton, S Kumar’s Nationwide (SKNL) and Arrow betting big on eco-friendly line of apparel to woo the environment-conscious consumers, the segment is set to get a leg up in times to come. “There is definitely a demand for eco-friendly and organic line of apparel, and we will soon launch it,” said Benetton India MD Sanjeev Mohanty.