The European Union has reinstated Sri Lanka to its GSP+ programme, a special arrangement under the Generalized Scheme of Preferences aimed at encouraging sustainable development and good governance.
The apparel making job creation target in India’s Maharashtra state (the area round Mumbai) seems to be 98% below its 2012 target, according to its 2016-17 Economic Survey.
Indian media reported on March 26 that its non-performing Textiles Policy, which has turned India’s apparel exports into some of the fastest-declining in the world, is being tweaked to “boost the growth of the handicraft sector.”
In the last eight months, just 1,075 garment and textile workers have been enrolled in India’s social security programmes. When India’s Rs 6,000 crore ($900 mn) textile package was announced in June 2016, Minsters expected ten million new jobs over the following three years to be created as a result.
The seventeenth round of talks between the sixteen countries currently interested in developing the Pacific-based Regional Comprehensive Economic Partnership (RCEP) began in Kobe, Japan on February 27.
India’s programme of Textile Parks “has failed to meet its objectives”, a December study from consultants Wazir Associates now revealed in early February.
US apparel imports (in square metres) grew 3.4% in December 2016 over December 2015, though falls in the previous six months a 2016 annual fall of 1.1%.
On January 20, Donald Trump announced the motto for his period as President would be “Buy American, hire American”. On January 23, he carried out then promise he had made in October to withdraw America from the TPP.
Women facing sexual harassment in India’s garment industry have nowhere to turn as companies are shirking their legal duty to investigate abuse allegations, India’s Rights Education and Development Centre said on February 2
Foreign media and Vietnamese businesses almost unanimous in complaining about effect on Vietnamese apparel industry of US abandoning TPP negotiations. But even the Vietnamese admit that its apparel industry exports grew 5.2% in 2016. This, they believe, compares with:
…and no-one in India seems interested in duty-free access to the world’s second largest garment importer.
In the first three months of this year, we saw a massive drop in Chinese apparel exports to the US. It doesn’t mean the end of China’s dominance.
Just about every apparel industry commentator on the planet is constantly going on about rising cost prices. But do any of them look at what buyers are paying?