Home / Knowledge / News / Textiles / Russia's Penza textile firms to explore Belarusian market
Russia's Penza textile firms to explore Belarusian market
22
Feb '14
Mr. Volkov/PenzaNews
Mr. Volkov/PenzaNews
Light industry enterprises (textile and clothing enterprises) from the Russian region of Penza have entered into an agreement with enterprises from the Eastern European country of Belarus, with the aim of foraying into the Belarusian market, said deputy chairman of the Penza regional government Vladimir Volkov, during an international conference for youth business incubator in Popova city.
 
At the conference, Mr. Volkov explained that one of the main objectives for entering into the agreement with representatives of the Belarusian textile industry is to create a bilateral trade relation between Penza and Belarus, especially in order to develop the domestic light industry, reports PenzaNews.
 
Under the agreement, a joint working group has been established between the Russian region and the Eastern European country, and an association has been formed called ‘Penzatekstillegprom’, where representatives from both the sides would undertake new projects for the development of the light industry, he added.
 
Mr. Volkov said that the Penza light industry has several enterprises, small, medium and large, which are operating in the textile and clothing sector, manufacturing various products such as children’s clothing, linen products as well as home textiles.
 
The objective of the agreement is to open up markets in Belarus for Penza light industry products, especially for linen clothing, as well as collaborate with the Belarusian light industry for raw materials such as flax, which is scarce in the Russian region, he added.
 
According to Mr. Volkov, the next step of the cooperation agreement is to implement several joint ventures between the light industries of Penza and Belarus, and increase production of textile and clothing products, to benefit both the sides.
 
Mr. Volkov informed that in March 2014, a delegation of representatives from the Penza light industry enterprises would be visiting Belarus in order to further explore opportunities and take forward the cooperation agreement.
 

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 23rd Mar 2017

South Korean Samil Spinning acquires Buhler Quality Yarns

South Korean yarn producer Samil Spinning has acquired US based...

Apparel/Garments | On 23rd Mar 2017

E-retailers to pay up to 1% TCS under GST

E-retail marketplaces will need to deduct up to 1 per cent tax...

Textiles | On 23rd Mar 2017

Lanxess to expand chemical intermediates capacity

The Advanced Industrial Intermediates business unit of German...

Interviews View All

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Silvia Venturini Fendi
Fendi s.r.l

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

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Tony Ward
Tony Ward

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

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:
March 2017

March 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search