Archive
International News Services archives articles supplied to clients one year or more after initial publication. These articles are protected by a password and not made available to readers without permission from clients. They are used as a background resource by agency journalists. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.
GREECE
Keith Nuthall
THE EUROPEAN Commission has fixed Greece’s cotton production this year at 1.25 million tonnes, resulting in EU aid of Euro 571 million (Pounds 354 million) and a minimum price of Euro 593-a-tonne (Pounds 368). New rules have been introduced to prevent a volume of cotton being placed on the market which, said the Commission, “could have an adverse effect on the environment and cause significant falls in the price paid to growers.”…
SOUTH AFRICA - AGOA
BY RICHARD HURST, in Johannesburg
SOUTH Africa is being warned that it needs to invest to take advantage of opportunities to boost clothing exports to the US under the African Growth and Opportunities Act (AGOA), which allows its clothes to be exported to the US duty free if manufactured from local materials.…
STEEL DUTIES
Keith Nuthall
A STAY of execution has been granted to American textile exporters, after the European Union Council of Ministers decided it would postpone the implementation of a first round of protective duties, erected in retaliation to the US’ controversial safeguard duties on steel.…
WORLD BANK - COTTON
Keith Nuthall
COTTON producers in developing countries face annual losses of some US$9.5 billion because of subsidies benefiting rich countries, according to a new report released this week at the World Bank. The world cotton industry is slumping, with average prices hitting a 30-year low of 42 cents (US$) per pound, halving the incomes of many developing country cotton producers, says the study, Production and Trade Policies Affecting the Cotton Industry, by the International Cotton Advisory Committee.…
EU TRADE REPORT
Keith Nuthall
THE TEXTILE sector was a copybook blot in an otherwise positive report on open markets and liberalisation in the European Union, released recently by the World Trade Organisation. It concluded: “Pursuing trade liberalisation through multilateral, regional and bilateral initiatives, the European Union has maintained its markets largely open, except for textiles and agriculture.”…
PROMATECH
ALAN OSBORN
THE EUROPEAN Commission has cleared the acquisition by the Italian weaving machinery manufacturer Promatech SpA, of Sulzer Textil, the textile machinery division of the Swiss company Sulzer Ltd.
Competition approval was given after Promatech agreed to divest itself of rapier weaving machines operations in Verona in Italy and Solothurn in Switzerland.…
RULES OF ORIGIN
KEITH NUTHALL
THE WORLD Trade Organisation’s general council has been asked to approve a series of global trading regulations stating whether a textile manufacturing process is important enough for the processed fabric to legally be considered a new product, made in the country of manufacture rather then where the raw material was sourced.…
STEEL DUTIES
BY KEITH NUTHALL
A STAY of execution has been granted to American clothing exporters, after the European Union Council of Ministers decided it would postpone the implementation of a first round of protective duties, erected in retaliation to the US’ controversial safeguard duties on steel.…
RULES OF ORIGIN
BY KEITH NUTHALL
THE WORLD Trade Organisation’s general council has been asked to approve a series of global trading regulations stating whether a textile manufacturing process is important enough for the processed fabric to legally be considered a new product, made in the country of manufacture rather then where the raw material was sourced.…
SRI LANKA - REFORM
BY SWINEETHA DIAS WICKRAMANAYAKA, in Colombo
THE SRI Lankan footwear industry is ailing because of its inability to regularly update its designs and styles, Ranjith Hettiarachchy, Deputy Chairman of the Ceylon National
Chamber of Industries and Chairman of its Footwear and Leather Sector has said.…