An Enhanced Trade Partnership (ETP) between the UK and India would be formally launched during the visit of the UK Prime Minister to India, later this year. This was agreed.
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Pic: Shutterstock The Indonesian embassy and the Indonesian Trade Promotion Centre (ITPC) based in Mexico City recently facilitated signing of a business cooperation agreement between Indonesia’s PT. Asia Garment Internasional and Mexican company Pareos Del Mar for export of textiles, Balinese apparel, furniture and home decor products from Indonesia to Mexico. Under the agreement, Pareos Del Mar will serve as a representative agent for the Indonesian company’s products in Mexico. The cooperation is part of efforts taken since early this year to increase Indonesia s exports to the central American country, the embassy said in a statement recently.
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Pic: LSE Business Brexit uncertainty affected a large proportion of UK textile and apparel firms, both upstream and downstream over 60 per cent of firms in both manufacturers and lead firms’ groups, according to researchers from the London School of Economics (LSE). Among Brexit-affected manufacturers, market uncertainty, associated with the sterling’s depreciation and a fluctuating exchange rate, was perceived as a major factor behind a variety of consequences. LSE researchers Simona Iammarino and Patrizia Casadei wrote in a recent blog post on the institution’s website that firms generally complained of increased costs of imports, particularly of raw materials, resulting in higher prices and lower demand for domestic production.
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Pic: BMZ/Hohenstein Textile testing provider Hohenstein has been authorised by the ministry for economic cooperation and development (BMZ) to verify compliance for the Green Button, a German government certification for sustainable textiles. Now, in addition to certification for Made in Green by Oeko-Tex, Hohenstein certifies for the 46 Green Button criteria. Hohenstein draws on decades of specialised textile testing, certification and auditing. A founding member and testing body of the Oeko-Tex Association, the company is firmly committed to consumer protection and product responsibility, Hohenstein said in a press release.
Green Button applicants can choose Hohenstein as a single partner for the entire process, with or without Made in Green by Oeko-Tex as a pre-requisite.
The US will review all national security measures by the former president, including the US-China Phase 1 trade deal, according to White House press secretary Jen Psaki, who.