India's Clothing Exports To Japan Increased By 50%
India and Japan signed a historic comprehensive economic partnership agreement (CEPA).
ShriPremalUdani, President of India Garment Export Promotion Committee (AEPC), congratulated ShriAnandSharma, Minister of industry and commerce.
CEPA is one of the largest agreements signed between India and Japan, and Japan's GDP is US $5 trillion.
According to the agreement, about 94% of the tariffs between Japan and India will be abolished within 10 years, accounting for 97% of Japan's trade value.
India trade
About 90% of the value.
The CEPA negotiations began in November 2004, and after 14 rounds of negotiations, a principled agreement was reached in September 2010.
A historic agreement was signed in February 16, 2011.
ShriPremalUdani said that due to the signing of the CEPA agreement, the India Garment Export Promotion Association held a large-scale clothing exhibition at the Tokyo International Fashion Expo in 2009 &2010.
CEPA also organized a fashion show at these two events to predict the potential of India's clothing.
At present, India clothing exports to Japan 125 million US dollars, almost from knitting and
Woven
Clothes are evenly distributed.
India is one of Japan's five largest suppliers of clothing.
The export volume and amount of synthetic fiber clothing are the largest.
ShriUdani also said that knitted and woven garments will be exempt from tariffs on the date of entry into force of the agreement.
The effective duty is about 11%, and now the exporters of clothing in India do not have to pay customs duties.
India's clothing exports to Japan will grow by about 50%.
ShriPremalUdani further added that India's clothing exports
promotion association
The Tokyo International Fashion Expo July 2011 20-22 has been planned to hold an exhibition of textiles and clothing.
He said that due to the signing of the agreement, the India garment export promotion association will have extensive contacts with the main buyers.
At the recent 2011 India textile trend exhibition, 98 Japanese buyers visited the exhibition, indicating that India's high quality clothing exports to Japan are growing.
- Related reading
Inflation And Rising Wage Costs Have Led To The Export Of Clothing Export Orders To India.
|Disadvantages Of Low Price Export: 2010: Analysis Of China'S Textile Machinery Export Trend
|Brazil Signed A Trade Agreement &Nbsp; No Textile And Clothing Tariffs Were Cut.
|
- Fashion posters | Autumn Girls Are Paired With This Autumn Card.
- Popular this season | The Coat Of The Early Autumn Wears A Windbreaker And A Suit.
- Bullshit | Do Not Step On The Pit! Five Major Minefields For Women'S Wear Brand Operation
- Bullshit | Start Making Women'S Clothing Stores To Make Money? Join The 22 Questions That Women'S Wear Shops Must Read!
- quotations analysis | How Long Is The Price Of Flexible Quotation? Raw Materials Are Weak, But Yarn Enterprises Still Run Negatively?
- Domestic data | In August, The Profits Of Industrial Enterprises Above Designated Size Dropped By 2% Over The Same Period Last Year.
- Fashion Bulletin | CONVERSE Japan X Paul Smith Brand New Joint All Star 100 Shoes Coming Soon
- Local hotspot | Developing Textile And Garment Park Management Training Class In Developing Countries To Visit Shengzhou
- Association dynamics | The Third China Textile Heritage Conference Was Completed, And The Conference Was Opened For Countdown.
- Expo News | Joint Global Textile Second World Cloth Merchants Conference Held In Keqiao, Shaoxing
- American Labels On Imported Garments Must Be Marked In English.
- How Far Can Shorts And Boots Go?
- Stock Terms: What Is Post Equity Issue?
- Stock Terms: What Are Rights Issue And Pfer Rights?
- Garfield Children'S Wear &Nbsp; Create Aristocratic Style.
- Revealing The Four Characteristics Of Banker'S Control
- Tell You Three Practical Tips For Stocks.
- Where To Go To Raise Interest Rate Family Finances?
- In The Year Of The Rabbit Money Is Borrowed.
- Sports Brand PEAK Takes Advantage Of The NBA Dunk Contest To Promote