Chinese hold put scissors on textile products exports to Central Asian markets
25 May '05
1 min read
the main reason for the declination of the exports of iran's textile products to the central asian markets, is the powerful existence of the industry major such as china, india, pakistan, bangladesh, and turkey in those markets, stated an iranian textile exporter.
the chinese textile exporters enjoys special benefits in the industry due to their modern technology, machinery, lower labor costs, appropriate insurance policies, excellent financial assistance and government policies to support and subsidies.
while the textile industry of iran is well off from these facilities. the monetary and credit council has recently sanctioned parity rate act for banking facility.
the textile industry has urged to retain government's previous supportive policies for the next four years, that will help to get a grip and fortify its position in the markets.
the government had assigned ten to 20 % subsidies since from march 2001 to march 2004 to the whole textile products exports.
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Taiwan Textile Federation (TTF)")
