Home / Knowledge / News / Apparel/Garments / Taiwan hosiery makers urge govt to enter into FTAs

Taiwan hosiery makers urge govt to enter into FTAs

27
Mar '12
Taiwan Hosiery Manufacturers' Association has urged the Government to enter into free trade agreements (FTAs) with the country's traditional trading partners, particularly the United States, as quickly as possible.

Mr. Wei Ping-chi, Chairman of the Association, said the taking into effect of South Korea's FTAs with the European Union and the US has negatively impacted the Taiwanese hosiery industry.

He requested the Government to analyze the impact of the FTAs, which either decrease or completely remove duties on South Korean goods imported by the US or the European nations, as South Korea is Taiwan's largest trade competitor in global markets.

As per the latest data, Taiwan's knitted and hosiery product exports were worth US$ 9 million in January 2012. Of this, a majority of US$ 6 million worth of exports were destined to the US, while another US$ 1 million worth of exports were to the European countries.

The South Korea-US FTA took effect on March 15, 2012, while a similar agreement between South Korea and the EU became effective last year.

Fibre2fashion News Desk - India


Must ReadView All

Pic: Shutterstock

Textiles | On 8th May 2021

French Development Agency to invest $83m in Ivory Coast cotton sector

Over a period of five years, the French Development Agency (AFD) will ...

Pic: Juki

Apparel/Garments | On 8th May 2021

Japanese companies collaborate to develop sewing machine business

Juki Corporation and Pegasus Sewing Machine Mfg have entered into a...

Pic: Rocky Brands

Apparel/Garments | On 8th May 2021

Rocky Brands expands Made in America capabilities

Rocky Brands has expanded the offering of its Made in America product ...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Increased need for online fitting solutions as retailers shift to...

Textile Industry, Head honchos

Textile Industry
Head honchos

Blockchain is not a silver bullet for each and every problem in supply...

International apparel brands, Head honchos

International apparel brands
Head honchos

Launched first collection at onset of Covid

Emmi Berlin,

Emmi Berlin

With the support of the first investors - Finland's Technical Research...

Vikram Juneja,

Vikram Juneja

Jaquard is a training institute providing a highly specialised training...

Shambhu Nath Jha,

Shambhu Nath Jha

Leading research and consulting firm Fact.MR recently launched a report on ...

Shlomzion Chen, Seevix

Shlomzion Chen
Seevix

Seevix Material Sciences Ltd, which develops and manufactures synthetic...

Silverio Baranzano, Fitesa

Silverio Baranzano
Fitesa

Fitesa is a leader in the nonwoven fabrics industry, specialising in...

Suresh Patel, Non Woven Federation of India

Suresh Patel
Non Woven Federation of India

The Non Woven Federation of India (NWFI), representing the regional...

Sweta Tantia, Tahweave & Garo

Sweta Tantia
Tahweave & Garo

Designer Sweta Tantia owns Garo, a couture indutva or ethnicwear brand,...

Ruma Devi, Gramin Vikas Evam Chetna Sansthan

Ruma Devi
Gramin Vikas Evam Chetna Sansthan

Ruma Devi is a jet-setting promoter of artisans who has empowered...

Sailesh Singhania, Sailesh Singhania Label

Sailesh Singhania
Sailesh Singhania Label

The Sailesh Singhania label was created to promote handwoven sarees and...

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


May 2021

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


Advanced Search