There is good demand for Indian goods including electrical, textile and food items in Iraq. As per available information, the Iraqi businessmen are traveling to India to establish contacts with Indian companies to source their supplies from them. The number of Iraqi businessmen visiting India has doubled over the previous year and the Indian Mission in Baghdad is interacting more with Iraqi business firms, replying to more business inquiries and distributing directories of Indian exporters in CD

Leaders and representatives of nearly 50 enterprises of Ha Noi and delegation of Argentinian entrepreneurs lead by the Esperanja and Singhalese cities Mayors discussed on economic cooperation.Trade between Viet Nam and Argentina reached approximately $190mn in the year 2004. The imports of Ha Noi were worth $23.3mn worth and exports were nearly $500,000 worth of products to Argentina.Vietnam exports textiles, garments, footwear, fine art, handicraft articles, electric and electronic appliances t

India Inc. optimistic on exports, investment, employment front; concern over FBT, VAT, input price and demandFicci National organisation presents Confidence Survey Presents Mixed PictureEven as India Inc. exudes optimism at the prospects for investments, exports and employment in the next six months, the overall business confidence index in Q4 of 2004-05 is back to the level seen in the second quarter of the year.The fourth quarter Business Confidence Survey was conducted by the FICCI Research D

The Indian textiles Minister Shankersinh Vaghela said that the country will not face any punitive action on the anti-dumping front in the textiles and garment exports to the European Union.. He informed that even though textile exports to EU rose by over 25 percent in the January-March period this year after the expiry of textile quotas there was no reason for India to worry there was strict adherence to rules and regulations as per the World Trade Organisation (WTO) agreement.He added:"It was f

The India Trade Promotion Organization, a government undertaking announced Tuesday that it will hold a textiles fair during May 31 - June 2 in Tokyo.The object of holding such a fair was to boost exports of Indian textiles and garner business worth 500 million yen.About 55 Indian textile companies will exhibit interior fabrics, including bed linen, kitchen fabric, curtain and doormats, at the 16th textiles fair at the Sunshine City building in Ikebukuro Ward.

French demands that the EU slap curbs on surging imports of cheap Chinese textiles ran into resistance on Tuesday from old ally Germany, which said it was up to Europe to make its own industry more competitive."In the past we were too heavily protected and now we have a problem of competitiveness," German Economy Minister Wolfgang Clement told a news conference during a meeting with his European Union counterparts."Safeguard measures in a globalised world are now less appropriate than they ever

Textile sector entrepreneurs of Brazil and Argentina renewed last week the voluntary limitation agreement, regarding to denim exporting from Brazil. The fabric is utilized in jeans manufacture and represents about 10% of the bilateral textile commerce. According to Fernando Pimentel, Superintendent Director of Abit (The Textile Industry Brazilian Association) the agreement foresees the exporting of 15.8 million linear meters of denim, from Brazil to Argentina, in 2005. The volume is a little hig

The Indian polyester market is going through a dull phase, with polyester yarn prices falling by around 7 cents over the last quarter while international prices declined as much as 12 cents. Yarn prices could come down by another 14 cents in the next 1-2 months. The Indian industry expects some reductions to be announced by May 15. The sluggishness in the market is also due to the seasonal problems that Indian business has to face. Power shortage is very severe during the months of April and M

China's exports of dyed polyester filament fabrics surged in January-February 2005. Due to competitive prices, sales increased rapidly on US and Pakistani markets. Unit prices were kept unchanged compared to the same period of 2004, although polyester prices sharply rose in the meantime. China's exports of dyed polyester filament fabrics made from textured yarns were up more than 67% in volume terms in the first two months of 2005, nearly reaching 500 million square metres (under HS number 540

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