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Yarn & fabric production rises in 2008
30 May '08
2 min read
On the other hand, the imports also rose considerably in the first quarter of 2008. Belarus had to spend nearly $86.6 million for importing light industrial goods, a rise of 14.9 percent when compared to Q1 of 2007.
The reason behind significant growth in imports is that the nation is setting up new export oriented and competitive companies and is also upgrading the existing ones. The light industry companies are also working on extending the commodity distribution network and improving the quality of services.
The Bellegprom concern posed a foreign trade surplus of around $72.9 million, an increase of 13.9 percent from Q1 of previous year.
The reason behind significant growth in imports is that the nation is setting up new export oriented and competitive companies and is also upgrading the existing ones. The light industry companies are also working on extending the commodity distribution network and improving the quality of services.
The Bellegprom concern posed a foreign trade surplus of around $72.9 million, an increase of 13.9 percent from Q1 of previous year.
Fibre2fashion News Desk - India
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