Home / Knowledge / News / Apparel/Garments / Nicaraguan delegation to meet Georgia's apparel producers
Nicaraguan delegation to meet Georgia's apparel producers
17
Apr '12
A public-private Nicaraguan delegation will be visiting the state of Georgia with the purpose of fostering a closer business relation and an active commercial exchange between Nicaragua and the aforementioned state, as well as to encourage investment initiatives.

During this visit, PRONicaragua, the official investment promotion agency, and the American Chamber of Commerce in Nicaragua (AMCHAM) will be hosting a networking reception on Wednesday, April 25th, with the purpose of creating a conducive atmosphere in which Georgia's businesspeople, mainly from the apparel, light manufacturing and agribusiness industries, and government representatives will be able to interact with their Nicaraguan counterparts.

At the networking reception, participants will have the opportunity to learn why Nicaragua has experienced important macroeconomic growth, attracting increasing amounts of foreign direct investments year after year. Additionally, foreign investors established in Nicaragua will share their experience of doing business in the country, highlighting the successful development of their investment projects.

Furthermore, PRONicaragua will be a special guest in this year's edition of Texprocess Americas tradeshow at the Georgia World Congress Center in Atlanta. During the International Trade Update Symposium, to be held on April 26th, the agency will be presenting Nicaragua's investment opportunities and competitive advantages vs. other Asian countries in the textiles and apparel sector.

According to the Office of Textiles and Apparel (OTEXA) of the U.S. Department of Commerce, by December 2011 Nicaragua was the 11th largest worldwide apparel supplier to the U.S. in volume and the 12th largest in value, thus becoming an important player in the global textile and apparel industry. When comparing figures between 2011 and 2010, apparel exports to the U.S. from Nicaragua grew by 33 percent in value reaching US$1,356.9 million and 13 percent in volume reaching 409.5 million square meters.

PRONicaragua is the Nicaraguan Investment Promotion Agency, established in 2002. It is a non-profit, public-private institution whose mission is to generate economic growth and job creation in Nicaragua by attracting high-quality foreign direct investment.

PRONicaragua


Must ReadView All

ITC, ICS tie up to help Moroccan textile value chain

Textiles | On 21st Apr 2018

ITC, ICS tie up to help Moroccan textile value chain

The International Trade Centre (ITC) has partnered with ICS, which...

Bangladesh garment manufacturers call for fair pricing

Apparel/Garments | On 21st Apr 2018

Bangladesh garment manufacturers call for fair pricing

Bangladesh garment manufacturers want a ‘commensurate adjustment’ by...

Pak ministry proposes extension to PM package for 2018-19

Textiles | On 21st Apr 2018

Pak ministry proposes extension to PM package for 2018-19

Pakistani textile ministry has reportedly proposed extending the...

Interviews View All

Awen Delaval
Samatoa

'Natural fibres are appreciated for traditional authenticity'

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

C Dhandayuthapani

MAG Solvics Private Limited was established in 1991 to design and develop...

Nitesh Mittal

Kusumgar Corporates is a leading manufacturer of technical textiles and...

John Kelley

Textile Events is one of the largest textile fair in the United Kingdom,...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


April 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.9%
No
12.6%
Skip
17.5%

Total Votes: 103

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
63.1%
No
29.1%
Skip
7.8%

Total Votes: 103

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.4%
No
8.7%
Skip
3.9%

Total Votes: 103

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
82.5%
No
7.8%
Skip
9.7%

Total Votes: 103


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search