Home / Knowledge / News / Textiles / Domestic textile firms panic over possible unrest in Morocco
Domestic textile firms panic over possible unrest in Morocco
24
Feb '11
As the Libyan unrest hits the Turkish firms in the country, the local textile firms are apprehending that this unrest may even spread out to Morocco, which is an important business destination for them.

Ismail Gülle, Head of the Istanbul Textile and Apparel Exporters' Association, or ITKIB, recently said that, Libya has not been that significant a market for the textile exporters in Turkey, but Egypt, Tunisia and Morocco hold to be the key markets.

He stated this, while addressing a meeting held in Istanbul for promotion of the Texbridge International Textile and Accessories Fair, which is to take place during October 6 to 8 at Istanbul's CNR Expo. ITKIB is to organize this fair.

Gülle further expressed hope that the unrest will not extend to Morocco, which is an extremely important destination for the textile exporters in Turkey.

The Turkish textile industry has been indicating an upward march in its trade over the last two years, and this trend is likely to continue even during the current year, he said. He added that, as both the Turkish economy and the textile industry have started delivering good results since the very start of the current year, he expects the textile sector of the country to grow lucratively in 2011.

Also he stated that, they mean to organize the International Textile Fair so as to re-establish the reliability of the sector.

Meanwhile, Ceyda Erem, Chairperson of CNR Holding, a leading trade fair organizing firm said that, a committee commissioned to ensure selection of best quality goods in the fair, would select the textile firms to participate in the fair.

It was also revealed that by means of the fair they even look forward to gain access to various markets like Ukraine, Russia, Middle East, eastern and western European countries and the Commonwealth of Independent States.

Fibre2fashion News Desk - India


Must ReadView All

US merchandise trade with India, 2012–16; Courtesy: USITC

Textiles | On 27th Jul 2017

India becomes US’ 9th largest trading partner in 2016

In 2016, India became the United States’ 9th-largest single-country...

Textiles | On 27th Jul 2017

GST will lead to further increase of MMF prices

The Goods & Services Tax (GST) rolled out on July 1, 2017 is not...

Textiles | On 27th Jul 2017

Global yarn production improved 30% q-o-q in Q1: ITMF

In the first quarter of 2017, global yarn production rose by almost...

Interviews View All

Jurgen Gauger
Spreadshirt

‘Buying crowdsourced or creative designs are much more appealing to the...

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Headhonchos
Indian textile value chain

Adopt innovative techniques, go for automisation rather than being...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Mohammad Hassan
Biax Fiberfilm

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

Pranav Mishra
Huemn

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

Silvia Venturini Fendi
Fendi s.r.l

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

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

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