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India mulls extending RoSCTL
India is mulling over extending the Rebate of State and Central Taxes and Levies (RoSCTL) for the garments and made-ups sector to other textile products because of the urgency to do away with the merchandise export incentive scheme (MEIS), which is against World
WTO’s real-time indicator of trade
The World Trade Organisation (WTO) has launched a new World Trade Outlook Indicator (WTOI) designed to provide ‘real-time’ information on trends in global trade. The WTOI was unveiled in Shanghai, China recently, ahead of a meeting of G20 trade ministers. Combining a variety of trade-related indices, WTOI is designed to give an early signal of the current direction of world trade and where it is likely to go in the near future.
Sustainability agenda drives attendance at ITMA 2015
The global textile and garment manufacturing industry converged at ITMA 2015 in Milan to source innovative solutions to enhance their business sustainability. Their commitment to sustainability is evident from the strong industry turnout. At the end of eight days, the 17th edition of the world’s most established textile and garment technology exhibition attracted visitorship of almost 1,23,000 from 147 economies.
Major shifts in global trading environment
The World Trade Organisation (WTO) has played a key role in helping countries adjust to four recent trends that have considerably altered the relationship between trade and development, according to the latest edition of the WTO’s flagship publication released recently in Geneva.
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