Home / Knowledge / News / Textiles / Peru-Japan FTA likely to benefit textile & clothing sector
Peru-Japan FTA likely to benefit textile & clothing sector
17
Nov '10
According to the Lima Chamber of Commerce (CCL), Japan is the biggest importer of textile and clothing from Peru in the Asia-Pacific region. The Free Trade Agreement (NAFTA) settled with Japan is likely to benefit the textile and clothing sector in Peru in a big way.

Carlos Durand – the Chairman of the FTC, stated that China is the major supplier of textiles and clothing in Japan and is followed by countries like Vietnam and India. These markets are marked with higher competition, seasonality as well as well-planned and persistent market promotion.

He added that Japan values the quality as well as product presentation in case of textiles and prefers natural fibres and hand-made products. The Japanese people have a greater preference for lightweight, well-designed textiles with variations in designs and colors.

He also remarked that brand value is also significant as it gives recognition to the brand and is a way which enables the customers to differentiate between various brands. The textile and apparel business in Peru have immense business prospects in Japan, particularly the alpaca fibre, which has established itself as an index for assessing the value and quality of textiles in other nations.

He expressed his belief that the FTA negotiated with Japan will enhance the inflow of investments from Japan to Peru and boost its exports of value-added products. Japan is the fifth biggest country to which Peru exports its products.

Fibre2fashion News Desk-India


Must ReadView All

Textiles | On 24th Jul 2017

Govt extends deadline for GST composition scheme to Aug 16

The Government on India has extended the deadline for small...

L-R: Dhanapal, JMD, Best Corporation; Prabhu Damodaran, Convenor, ITF; Narayanasamy, MD, Micro Cotspin; Senthilnathan, MD Rasitex India; and Sabapathy, MD, Prasanna Spinning Mills

Textiles | On 24th Jul 2017

TN mills seek partnership with cotton growing states

Spinning mills in Tamil Nadu are seeking stronger partnership with...

Textiles | On 24th Jul 2017

Irani terms GST as a ‘great step towards transparency’

Union textiles minister Smriti Irani has termed the Goods and...

Interviews View All

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Mohammad Mamun Ar Rashid
UL VS Bangladesh Ltd

Productivity, creativity and innovation play a vital role in the growth of ...

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Mohammad Hassan
Biax Fiberfilm

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

Urs Stalder
Sanitized AG

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

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

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

July 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


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



X