Textiles

U.S.-Africa Trade Mostly Benefits Oil, Textiles

With a key U.S.-Africa trade agreement up for renewal in 2015, advocates on all sides of the issue say current policies are rife with shortcomings that leave many African businesses out in the cold.

Life Terms Urged in Bangladesh Building Collapse

Those responsible for the Bangladesh building collapse that killed more than 1,000 garment workers should be given life in prison, a government-appointed committee has said.

Groaning Under Power Cuts, Scorching Temps in Pakistan

Raheel Tauseef is feeling quite powerless this summer. Frequent power outages in the industrial city of Faisalabad in the Punjab province of eastern Pakistan, where the 29-year-old and his family run three hosiery factories, are taking a heavy toll on their business.

EU Trade Deal Offers Pakistan Some Respite

Karachi, a sprawling city of 18 million, is the country’s economic hub. It accounts for 95 percent of Pakistan’s foreign trade and contributes 30 percent of national industrial production.

Can Cambodia Trade its Way out of LDC Status?

As one of the world’s 48 least developed countries (LDCs), Cambodia is afforded the most beneficial trade ranking to the European Union (EU) under the generalised scheme of preferences (GSP) known as the Everything But Arms (EBA) scheme.