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THE TRADE deal announced by the European Union (EU) and Japanese on July 6 that would cut tariffs and harmonise technical regulations has been welcomed by Japan and EU auto-makers – although the Europeans are expressing caution.

Brussels and Tokyo said they had stuck a “political agreement in principle” for an economic partnership agreement, that would phase out vehicle tariffs over seven years and bring regulatory convergence through a special auto annex. …

PAKISTAN’S ministry of industries and production has granted Category-A Greenfield investment status to four automobile manufacturing investors to set up manufacturing plants – effectively greenlighting their projects to establish auto-making plants in the country.

Shah Jahan Shah, spokesperson for Pakistan’s ministry of industries and production said he ministry had signed an agreement with these July 17 (2017).…

THE EUROPEAN Union’s (EU) textile sector has welcomed the striking of an economic partnership agreement between the EU and Japan,

“It will really provide a huge opportunity to both partners to help companies to enhance their bilateral trade, investment and cooperation.…

ORGANISERS of a major three-day India Textile 2017 exhibition in Gujarat have hoped to use the event to encourage product diversification and better supply chain links within the country’s growing textile sector.

Indian Prime Minister Narendra Modi’s oft quoted maxim – ‘from farm to fibre, fibre to fabric, fabric to fashion and fashion to foreign markets’ – was the guiding principle for the event that concluded in Gujarat’s capital Gandhinagar on July 2.…

THE POLITICAL standoff between India and Pakistan may dominate the news headlines but India’s synthetic textiles, yarn and fibre are starting to find an increasing number of Pakistani buyers.

According to Kripabar Baruah, joint director, Synthetic and Rayon Textile Export Promotion Council (SRTEPC), exports to Pakistan that had fallen in 2014-5, and 2015-6, have grown in the current financial year (2016-17).…

ANXIETY has greeted the passage and signing of three sets of laws to regulate the mining sector in Tanzania, even though it could reverse a ban on copper and gold exports imposed in March.

The Natural Wealth and Resources Contracts (Review and re-negotiation of unconscionable terms) Act 2017, The Written Laws (Miscellaneous Amendments) Act, No 7 of 2017 and The Natural Wealth and Resources (Permanent Sovereignty) Act 2017 were approved by parliamentarians on July 3

Tanzanian President John Magufuli signed the new bills into law on July 5, despite opposition from key industry players.…

THE EUROPEAN Union’s (EU) projected comprehensive trade deal with Japan, agreed in principle at a July 6 EU-Japan summit in Brussels, will benefit exporters of Europe-produced non-ferrous metals, experts have told Metal Bulletin. Japanese non-ferrous metal exporters are more cautious about the potential benefits for their industry, however.…

The Russian government, together with private investors, plans to invest up to USD300 million in developing the Usinskoe manganese field, the largest manganese reserve in Russia, located in Kemerovo Oblast, in southwestern Siberia.

The project is expected to be implemented by a local mining company, CJSC CHEK-SU.VK,…

THE RUSSIAN government has announced that is planning to invest an additional Russian Rubles RUB145 billion (USD2,5 billion) into rejuvenating the country’s textile manufacturing sector. In the latest initiative designed to kickstart this ailing industry, the ministry of industry and trade has release a new approved strategy (on May 25) – it is designed to run until 2020.…

THE OWNER of a major digital printing business in Brazil has predicted that the country’s finishing sector will abandon traditional colouring techniques by 2027. Marcelo Castelão, the sole owner of La Estampa, a Rio de Janeiro-based printing company, told WTiN.com: “Within five to 10 years, the cylinders will be gone.…