DYING SECTOR TO PROSPER FROM INDO-SOUTH KOREA TRADE DEAL
September 1st, 2009
BY KEITH NUTHALL
THE TEXTILE and clothing dying and finishing sector should prosper from a new India and South Korea trade deal. It reduces import duties on exports from both countries of dyes, other chemicals, textile and clothing machinery and finished clothes. A very wide range of all kinds of dyes from acid blues, to mordant and azo dyes are covered by the agreement - although India reduces its import duties for many more types that does South Korea. That said, Seoul has agreed to reduce to zero upon ratification duties on Indian dyed nylon and yarns, ...
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