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The Bangladesh government promised its garment makers financial assistance on December 11. The promise follows a looming cash flow crisis after November’s 77% minimum wage rise, mob attacks on buyers, three-week transport blockade, arson attacks and apparent fall in exports.
Official data shows apparel manufacturing grew on 2012 during Q3 2013 in most major Western countries. But the growth broadly matches growth in apparel imports
Georgia and Moldova signed Association Agreements with the EU on November 29, while Ukraine, under pressure from Russia, decided not to. The decisions do not directly affect the rules governing their garments’ access to the EU at present – and Ukraine’s decision remains highly controversial among its politicians. But the signatures make it likely Georgia and Moldova will remain duty-free garment production locations
We’ve had 20 years of global agreements like the Bali Package offering to revolutionise the textile and garment industries. They all did – but never as experts predicted.
The effect on the garment trade of the World Trade Organisation’s (WTO) December 7 agreement in Bali may be less dramatic than WTO delegates’ ecstatic response to their ability to agree
The garment trade and the Bali Package 2: Why “trade facilitation” is essential for the world’s poor.
Enthusiasts for the World Trade Organisation’s (WTO) December 7 agreement in Bali claim that it will boost the world economy by $1 trillion. Opponents call it “an agreement for transnational corporations”. Its likely effect on the garment trade shows how terrifying muddled those opponents are.