Home / Knowledge / News / Textiles / Taiwanese Premier vows to help upgrade textile industries
Taiwanese Premier vows to help upgrade textile industries
Mar '12
Taiwanese Premier Sean C. Chen has assured help to textile industries clustered in southern Taiwan in upgrading their machinery.

The South Korea-US Free Trade Agreement (KORUS FTA), which came into effect from March 15, 2012, is likely to affect more than US$ 3 billion worth of Taiwanese exports to the US, mainly because Taiwan and South Korea compete in international markets for exporting similar kinds of goods.

To overcome the negative impact of KORUS FTA, Taiwanese textile industry needs to upgrade itself by adopting new technologies, eco-friendly production processes and by implementing innovative ideas.

Taiwan's domestic textile manufacturers say, in addition to upgradation of technologies, the Government can also help them by acquiring industrial land at cheaper rates and by effectively solving the problem of labour shortage. They add that such steps by Government would bring down their cost of production and would enable them to remain competitive in the global markets.

The Premier assured that he would take up the matter with concerned Government Ministries.

In 2011, Taiwan exported textiles worth NT$ 12.7 billion, which is the highest in last one decade.

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 21st Oct 2016

China’s garment retail sales grow 7.2% in Jan-Sept ’16

Retail sales of garments, footwear, hats and knitwear of Chinese...

Mike Preston, executive director of the Arkansas Economic Development Commission (AEDC), signing MoU with Tang from Suzhou Tianyuan Garments company. Courtesy: Government of Arkansas

Apparel/Garments | On 21st Oct 2016

Suzhou Tianyuan to open $20 mn garment factory in US

Suzhou Tianyuan Garments company, a Chinese manufacturer of casual...

Textiles | On 21st Oct 2016

Pakistan’s textile exports fall 5.96% y-o-y in Q1 FY17

The value of textile and garment exports made by Pakistan decreased...

Interviews View All

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Amrit Sethia

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Larry L Kinn
Suominen Corporation

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

Sonam & Paras Modi

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

Tony Ward
Tony Ward

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

Igor Chapurin

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

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

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


Browse Our Archives


Advanced Search