Home / Knowledge / News / Textiles / Textile export promotion generates US $40 million worth business prospects
Textile export promotion generates US $40 million worth business prospects
Dec '10
The Taiwan Textile Federation (TTF), which was assigned the duty to implement the Ministry of Economic Affairs' (MOEA) Bureau of Foreign Trade's “Textile Export Promotion Plan”, recently revealed that the plan has generated around US $40 million worth of business opportunities since its inception in July 2008.

In the initial two years of the four year plan, TTF has efficiently accomplished the first two stages of the plan. In the first stage, which continued from 2008-09, TTF successfully penetrated in the US and Europe's finished goods market, and also brought the Southeast Asian producers under its aegis.

The second stage, which commenced in 2010, was the extension of the first stage. It integrated the expansion of the MOEA's plan of marketing superior Taiwanese goods in upcoming markets. It also incorporated the Economic Cooperation Framework Agreement (ECFA) that China and Taiwan has inked in June, this year, and has thus generated excellent results in expanding Taiwan's market in India and China.

Further, as the third stage of the plan is likely to commence soon, the TTF through an announcement made recently, called upon the businesses to apply for participation. The businesses may file their application for participation by December 17. Also, the TTF had convened a meeting in Tainan recently, to explain the plan.

Fibre2fashion News Desk-India

Must ReadView All

Textiles | On 16th Jan 2017

India’s WPI inflation rises to 3.39% in December 2016

India’s annual rate of inflation, based on monthly wholesale price...

Apparel/Garments | On 16th Jan 2017

EC proposes enhanced market access for Sri Lanka

The European Commission (EC) has proposed that a significant part of...

Textiles | On 16th Jan 2017

Producing contamination free cotton biggest task: CCI

Producing contamination free cotton is the biggest task for the...

Interviews View All

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Dharmendra Shah
Ozone PB Spintex Limited

‘We have made huge investments to ensure quality yarn production.’

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Igor Chapurin

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

Rupa Sood and Sharan Apparao

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Silvia Venturini Fendi
Fendi s.r.l

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

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

January 2017

January 2017

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


Browse Our Archives


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