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EU and Japan were able to conclude Economic Partnership Agreement, whereas President Trump initiated NAFTA renegotiation has put Mexico-US jeans trade at risk. Meanwhile, in a major relief to LDCs like Bangladesh, Cambodia, Haiti and Ethiopia, the UK Government has pledged to continue duty-free access for these countries post-Brexit.
On the corporate front, the year saw Alibaba forging global alliance to fight counterfeiting, Michael Kors acquiring Jimmy Choo, and India’s Reliance Industries becoming the world’s largest PX producer.
Click here to read key news that made headlines in the year that was.
Fibre2Fashion News Desk – India