Trade & Market

India–New Zealand FTA Opens Zero-Duty Window For Indian Textiles And Apparel

Textile Insights January 9, 2026

The newly concluded India–New Zealand Free Trade Agreement (FTA) is set to deliver a major boost to India’s textile and apparel exports, offering 100 percent duty-free access to the New Zealand market and strengthening India’s position in the Oceania region’s apparel and home textile supply

Trade & Market

Indonesia To Impose Safeguard Duties On Cotton Fabric Imports

Textile Insights January 7, 2026

Indonesia will begin imposing safeguard duties on imported cotton woven fabrics from January 10, aiming to protect its domestic textile industry from a surge in imports. The safeguard duty, known locally as Bea Masuk Tindakan Pengamanan (BMTP), will be enforced for a three-year period under a gradually declining tariff structure. In the first year, duties […]

Trade & Market

India–Russia Business Forum Charts New Path For Stronger Textile Trade Ties

Textile Insights December 5, 2025

Union Minister of Commerce & Industry, Piyush Goyal, placed a strong spotlight on the textile sector as a priority area for India–Russia cooperation, during the India–Russia Business Forum held in New Delhi. Confirming that Russia has always been ‘India’s Sukh Dukh Ka Saathi,’ he highlighted that textiles, along with automobiles, electronics and machinery represent one

Trade & Market

South Korea’s Apparel Imports Slip As Demand Shifts To Casual Wear

Textile Insights December 5, 2025

South Korea’s apparel imports fell 1.0% to US$ 9.1 billion in the first nine months of 2025, reflecting subdued retail demand and cautious consumer spending. The decline, however, was uneven across product categories, underscoring a notable shift in shopper preferences. Imports of knitted apparel and accessories (Chapter 61) edged up to US$ 4.06 billion, compared […]

Trade & Market

BCCCI Delegation Meets CEAB Leadership To Strengthen Bangladesh–China Trade Cooperation

Textile Insights November 27, 2025

A high-level delegation from the Bangladesh China Chamber of Commerce & Industry (BCCCI), led by President Mohd Khorshed Alam and Secretary General Jamilur Rahman, paid a courtesy call on Han Kun, President of the Chinese Enterprises Association in Bangladesh (CEAB), on November 25, to discuss ways to deepen bilateral trade and investment cooperation. The meeting […]

Trade & Market

India, Afghanistan Hold Talks To Boost Cooperation In Textile Sector

Textile Insights November 27, 2025

India and Afghanistan held a high-level meeting in New Delhi to explore deeper collaboration in the textile sector. The Afghan delegation, led by Shafiullah Azam, Director General of Economic Relations, met with the Indian delegation headed by A. Bipin Menon, Trade Advisor, Ministry of Textiles. During the discussions, Afghanistan outlined its priorities to strengthen its

Trade & Market

India Strengthens Textile And Sericulture Cooperation With Georgia

Textile Insights November 24, 2025

A high-level delegation from the Ministry of Textiles, Government of India, led by P. Sivakumar, Member Secretary of the Central Silk Board (CSB) and Secretary General of the International Sericultural Commission (ISC), has concluded a successful multi-sectoral visit to Georgia from November 17–21, 2025, aimed at deepening cooperation in sericulture, textiles, apparel and

Trade & Market

India, Saudi Arabia Close To Finalising Pact To Double Textile Trade

Textile Insights November 19, 2025

India and Saudi Arabia are nearing the finalisation of a major agreement aimed at doubling bilateral textile trade, with Riyadh expressing strong interest in increasing imports of high-quality Indian fabrics. According to senior officials in the Ministry of Textiles, the proposed pact is in its “last leg” of negotiations and includes discussions on duty

Trade & Market

AAFA Warns New U.S. Port Fees Could Disrupt Trade, Urges Reconsideration

Textile Insights October 19, 2025

The American Apparel & Footwear Association (AAFA) has responded to the U.S. government’s new port-fee regime targeting Chinese-owned and operated carriers, as well as carriers with Chinese-built vessels calling at U.S. ports. The fees, effective today, aim to address China’s dominance in global shipbuilding, where it produced 53% of the world’s ships in 2024 and […]

Trade & Market

Chittagong Port Hikes Tariffs 50% For First Time In 39 Years

Textile Insights October 17, 2025

Chittagong Port Authority (CPA) has implemented its first tariff increase in 39 years, with charges rising up to 50%, effective Tuesday. The hike is aimed at expanding port capacity and upgrading services, CPA Secretary Omar Faruk said, adding that the impact on consumers would be ‘minimal.’ Several fees have surged significantly. Berthing charges for the […]