Home / Knowledge / News / Textiles / Textile sector seeks postponement of FTA with China
Textile sector seeks postponement of FTA with China
13
Jul '09
There is likelihood of a delay in implementation of the Free Trade Agreement (FTA) between ASEAN countries and China, due to a pressure from textile and garment manufacturers in Indonesia.

The Ministry of Trade and Industry has agreed to reassess the implications of the FTA with China under pressure from the sector and may propose a postponement of the FTA agreement in the ASEAN forum.

According to experts from the textile sector, the agreement which is to be implemented from next January will increase the pressure multifold, the onslaught which, Indonesian producers will face from influx of Chinese goods.

These manufacturers are already facing stress due to legal and illegal imports of Chinese textiles and footwear and say that the domestic textile industry is still not ready to face the consequences of the FTA with China.

The Industry Ministry on its part has understood the reality of the situation and had agreed to undertake a study in concurrence with other ASEAN countries to understand the impact of the FTA on textile sector.

The other signatory ASEAN countries are Brunei, Indonesia, Malaysia, Philippines, Singapore, Thailand, Burma, Cambodia, Laos and Vietnam

Fibre2fashion News Desk - India


Must ReadView All

Courtesy: Fancycrave.com from Pexels

Apparel/Garments | On 22nd Jun 2018

EU's retaliatory duty on US apparel takes effect

As part of the three-pronged response outlined by the European...

India to be largest cotton producer in 2018-19: USDA

Textiles | On 22nd Jun 2018

India to be largest cotton producer in 2018-19: USDA

For the fourth consecutive season, India is expected to be the...

Organic Basics gets Polygiene help for advanced underwear

Apparel/Garments | On 22nd Jun 2018

Organic Basics gets Polygiene help for advanced underwear

Danish firm Organic Basics is working with Swedish company Polygiene, ...

Interviews View All

Neel Sawhney
One Friday

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

Karin Ekberg
Leadership & Sustainability

Sustainable models are beneficial for brands, retailers and manufacturers

Rahuul Jashnani
Jashn

‘Online economy has changed the whole dynamics of buying habits.’

Rikesh Mistry

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

Tejas N Patel, Navin D Patel

Founded in 1999 by Navin Patel in the name of Tejas Fabrics with 100...

Apurva Kothari

No Nasties was the first fashion brand in India to make 100 per cent...

Kai Poehler
Voith Paper GmbH & Co. KG

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

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Mohammad Hassan
Biax Fiberfilm

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

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Igor Chapurin
Chapurin

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

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

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

Leave your Comments


June 2018

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

news category


Related Categories:

Advanced Search