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WTO lowers global trade forecast on escalating tensions

2019-10-01 19:20:00| Daily apparel & textile news and comment - from just-style.com

Escalating trade tensions and a slowing global economy have led World Trade Organization (WTO) economists to sharply downgrade their forecasts for trade growth in 2019 and 2020.

Tags: global trade forecast wto

 

Indonesia launches WTO safeguard investigation

2019-09-26 14:58:00| Daily apparel & textile news and comment - from just-style.com

Indonesia has launched a safeguard investigation with the World Trade Organization (WTO) on fabrics and yarns to determine if increased imports are having an impact on the domestic industry.

Tags: indonesia investigation wto launches

 
 

US wants WTO to reform developing country status

2019-07-29 15:30:00| Daily apparel & textile news and comment - from just-style.com

US President Donald Trump has criticised the World Trade Organisation (WTO) for its selection process of "developing countries" adding, in a memo, it was allowing too many countries to claim the status and subsequently gain preferential treatment that is damaging to global trading.

Tags: country status developing reform

 

Bangladesh seeks WTO support to make RMG sector more sustainable

2019-07-29 13:08:00| Daily apparel & textile news and comment - from just-style.com

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has confirmed it recently sought BDT55m (US$651,32) from the World Trade Organisation to enable it to invest in research and development, innovation, product diversification and value addition, with the aim of making the readymade garments (RMG) sector more sustainable. 

Tags: make support sector seeks

 

WTO warns of "alarm bells" over trade restrictions

2019-07-23 12:55:00| Daily apparel & textile news and comment - from just-style.com

The scale of new trade restrictions implemented by members of the World Trade Organization (WTO) has reached a historically high level, adding to the uncertainty surrounding international trade and the world economy.

Tags: trade restrictions alarm wto

 

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