Home / Knowledge / News / Apparel/Garments / Exporters group appeals to PM for Canadian partnership
Exporters group appeals to PM for Canadian partnership
06
Apr '15
The Tirupur Exporters’ Association (TEA) has appealed to Prime Minister Narendra Modi to expedite a comprehensive economic partnership agreement with that country to arrest falling knitwear exports. Modi’s visit to Canada begins on April 14.
 
In a press statement, Dr A Sakthivel chief of the TEA, pointed out that the ninth round of negotiations toward a comprehensive economic partnership agreement (CEPA) between India and Canada was held in New Delhi last month. As the progress has been made in all agreed areas of the negotiations, he appealed to Prime Minister Modi to conclude the CEPA during his visit to Canada. 
 
The statement said that in 2013-14, the total knitwear garments exports from India to Canada were Rs 680 crore and in the knitwear exports ranking Canada stood at 11th position. The same ranking was witnessed in the first nine months of the last financial year also with a recorded value of Rs 502 crore. 
 
Dr Sakthivel pointed out that Canada withdrew the entitlement to the benefit of the General Preferential Tariff (GPT) to 72 countries including India from January 1, 2015 and the decision was taken by Canada after these countries were classified as “high income” or “upper middle income” countries by the World Bank for two consecutive years or, have had a share of equal to or greater than one per cent of world exports for two consecutive years. The TEA chief said after imposition of normal customs duty about 20 per cent for our knitwear garments in Canada, India has lost its competitiveness in that country because other competing countries continue to enjoy the lower duty. The TEA is concerned that the promising market will go out of reach for knitwear garment exporters.
 
Dr Sakthivel said competing countries like Bangladesh and Cambodia are entitled to the least developed countries tariff treatment while Pakistan and Vietnam also continue to get benefit under General Preference Tariff even after January 1, 2015. Vietnam which was exporting less than India in 2009, has now increased its exports to a volume twice the size of Indian exports. While Vietnamese exports continue to rise, Indian exports have fallen by 31 per cent.
 

Fibre2fashion News Desk - India


Must ReadView All

Europe fights against microplastic release from textiles

Textiles | On 18th Jan 2018

Europe fights against microplastic release from textiles

The European Commission, the institution of the European Union, has...

Egypt starts building biggest textile city in Al-Sadat

Textiles | On 18th Jan 2018

Egypt starts building biggest textile city in Al-Sadat

Egypt has started construction of the biggest city for textiles and...

Vietnam targets $20 bn from export of footwear, bags

Apparel/Garments | On 18th Jan 2018

Vietnam targets $20 bn from export of footwear, bags

Vietnam targets to earn around $20 billion from the export of...

Interviews View All

DK Sharma
Velocity Apparelz

We constantly communicate with employees at all levels

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Anupam Arya

<div>Jaipur-based Fabriclore Retailing Pvt. Ltd. is attempting to revive...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing 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

January 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
69.1%
No
13.4%
Skip
17.5%

Total Votes: 97

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
63.9%
No
28.9%
Skip
7.2%

Total Votes: 97

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
87.6%
No
9.3%
Skip
3.1%

Total Votes: 97

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
8.2%
Skip
9.3%

Total Votes: 97


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