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Indonesia launches safeguard measures investigation into imported carpets and other floor coverings made of textile materials
On June 12, 2020, the WTO Safeguards Committee released the safeguard notification submitted to it by the Indonesian delegation on that day. On June 10, 2020, in response to the In…

ZARA will close all stores around the world
According to Japan’s TBS News, Inditex, the parent company of Spanish fashion brand ZARA, said that due to the impact of the spread of the global new crown epidemic, its fina…

Inditex will close its stores and shift focus to online shopping
Inditex Group, the parent company of Spanish clothing brand ZARA, plans its business strategy in the post-epidemic era and announced that it will permanently close up to 1,200 of i…

China purchases cotton yarn and handmade carpets from Turkmenistan
The Turkmenistan National News Agency reported on June 6 that in the week of June 1-6, 76 contracts were registered at the Turkmenistan National Commodity Raw Materials Exchange. I…

China once again becomes the largest trading partner of the United States
According to Xinhua News Agency, Washington, June 16. According to a recent report by the US “Wall Street Journal”, China once again became the largest trading partner …

Announcement on granting zero-tariff treatment to Bangladesh’s % taxable products
Taxation Commission Announcement [2020] No. 5 According to our country’s requirements for establishing diplomatic relations with my country The commitment of zero-tariff treatment …

U.S. Trade Representative: China is fulfilling the trade agreement and has purchased about 10 billion U.S. dollars in goods
U.S. Trade Representative Lighthizer said that Chinese officials have repeatedly reiterated that they will abide by their commitments in the phase one trade agreement and purchase …

Nigeria injects N1 billion to assist garment and leather industries
Chidi Izuwassdf, Director of Nigeria’s Infrastructure Concession Regulatory Commission (ICRC), said that the government aims to invest 5.08 billion naira to assist the garmen…

China will replace the United States as the largest garment market
According to industry experts, China is expected to replace the United States as the world’s largest ready-to-wear market by 2023. GlobasdfssdfslDasdfssdfstasdfssdfs previous…