Home / Knowledge / News / Apparel/Garments / Japan could prove to be haven for RMG exporters
Japan could prove to be haven for RMG exporters
02
Nov '09
Japan, which is the third biggest importer of textiles and apparels after the US and the European Union could prove to be haven for Bangladeshi RMG exporters if it relaxes its “Rules of Origin” (RoO) criteria, say experts.

As of date, Chinese textile and clothing products dominate the Japanese market with a mind boggling share of nearly 85 percent of the US $24 billion garment imports by Japan. On the other hand Bangladesh could export clothing worth only $74 million in the previous fiscal.

Experts aver that Bangladeshi share can climb up to nearly $2 billion if the Japanese government relaxed RoO criteria and with effective marketing campaigns and diplomatic initiatives conducted from the Bangladeshi side.

They add by saying that Bangladeshi RMG exporters should take advantage of the “Least Developed Country” (LDC) status, under the WTO charter, which allows duty free exports and try to break the stronghold of the Chinese in the Japanese markets.

Advantage should also be taken of the fact that Chinese goods are becoming less competitive in the overseas markets due to rising wages and high operational costs, due to which Japanese importers are looking for other reliable exporters, they conclude by saying.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 26th May 2017

Lenzing unleashes new eco-friendly fibre

There's a new eco-friendly fibre on the anvil—Austrian speciality...

Apparel/Garments | On 26th May 2017

Benetton seeks approval for FDI in single-brand retail

Global fashion brand Benetton Group, has sought Indian government's...

Apparel/Garments | On 26th May 2017

Walmart to conduct GST workshops for SME suppliers

With the objective of supporting its small and medium-sized (SME)...

Interviews View All

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

'The blend of cotton–linen yarn has high demand in the domestic and...

Veronique Lee
Modavanti

‘Sustainable fashion is trending upwards, slowly but surely, as people...

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Eric Scholler
Groz-Beckert

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

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints 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

news category


Related Categories:
May 2017

May 2017

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

SUBSCRIBE


Browse Our Archives

GO


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