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Wool Equities working to restore wool trade to Russia
08
Dec '10
Wool Equities, an investment company owned by farmers has extended its support to the efforts aimed at restoring the wool trade to Russia.

As stated by the textile industry organization, seven textile and clothing firms that visited Russia as a part of the business delegation, earlier this year, have booked orders for various items, but mostly for woollen items like blended merino wool and possum fibre products.

The firm stated that, it has well identified Russia's potential as an upcoming market and is thus focusing on various deals that would allow it to boost its exports to the country.

The firm extends financial assistance and advice for the latest wool development ventures. Recently, it has, in collaboration with a sheep breeding firm based in Romney, New Zealand, launched a new collection of New Zealand wool rugs in the United States, while two others are yet to come.

Fibre2fashion News Desk - India

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