ISDS Case Map
textiles | garments
Workers and lawmakers in the textile belt fear that the deal, which is the president's trade priority, will send more production abroad.
Though the end of the quota regime has made India a much sought-after destination in the textile sector, the industry here is reeling under fears of cheap imports from Sri Lanka and Bangladesh.
The Associated Chambers of Commerce and Industry of India sees tremendous scope for enhancing economic ties with Europe and has mooted a four pronged strategy for expanding India's trade basket with the enlarged EU in areas such as information technology & communication, biotech & pharmaceuticals, agro foods processing and textiles.
In Thailand, FTA-mania under the administration of Prime Minister Thaksin Shinawatra is likely to continue in 2005.
On December 14, Israel, Egypt and the United States will sign the agreement leading to the establishment of Qualified Industrial Zones in Cairo, Egypt.
Egypt and Israel will sign a joint free-trade agreement with the United States in Cairo today
Delta Galil Industries chairman Dov Lautman, currently in London, told "Globes" this morning that the free trade agreement with Egypt was not only an economic achievement, but also a major political one. "The agreement will contribute to Israel's economy, and to political reality in the Middle East."
