Month: November 2016

Traders in Maharashtra will need to enrol on the Goods and Services Tax common portal from November 16 to 30. Traders need to log in with their current ID and password on the GST portal.

The European Union (EU), which has provided Pakistan GSP Plus status, has proposed to work on a a five-year strategic partnership with that country.The textile industry in Pakistan contributes 8.5 per cent to GDP and 60 per cent to exports while employing 38 per cent of the workforce. The EU has provided Pakistan GSP Plus status. Pakistan wants brand owners of textiles from the EU to divert the bulk of their buying from Pakistan since it is well placed for the production and supply of high quality textile goods at attractive prices. Fighting poverty and helping the country on its path towards inclusive and sustainable growth are the aims of EU support to Pakistan. The EU considers that such goals will only be achieved by increasing political stability, improving the rule of law, bringing about human and social development, creating productive and decent work opportunities and diversifying the economy.

The currency imbroglio that is currently experienced in India following a cash shortage is hurting the cotton trade. With farmers seeking to sell their produce only in cash, the scarcity of notes has led to daily cotton arrivals declining by almost 50 per cent.

Globalisation still dominates apparel production and it is highly unlikely that reshoring or backshoring will bring back many jobs that were lost via offshoring, says the International Apparel Federation IAF President, Han Bekke. There is still too much pressure for cheaper prices, says pointing at the dominance of big players in the fashion market who have made globalisation more accessible via better IT systems and processes in their supply chain.

The European Union (EU), which has provided Pakistan GSP Plus status, has proposed to work on a a five-year strategic partnership with that country.

The currency imbroglio that is currently experienced in India following a cash shortage is hurting the cotton trade. With farmers seeking to sell their produce only in cash, the scarcity of notes has led to daily cotton arrivals declining by almost 50 per cent.

In the US, there are regulatory requirements for the flammability of textile. For example, children’s sleepwear – a high-risk category – has stringent flammability regulatory requirements in several countries including the US, Canada, Australia and the UK