AGP Executive Report
Last update: 7 hours agoEU Circular Rules: From July 19, large EU firms will be barred from destroying unsold clothes, accessories and footwear, pushing resale, repair and reuse instead. Sri Lanka Trade Shock: Sri Lanka has gazetted an immediate ban on importing goods made with forced labour after the U.S. threatened a 12.5% tariff under Section 301, with importers now required to submit certified compliance documents. India–EU Industry Coordination: CITI and EURATEX launched an EU–India Textile and Apparel Dialogue at Bharat Tex 2026 to monitor the India–EU FTA rollout, tackle rules-of-origin and customs friction, and share sustainability best practices. Bharat Tex Debate: Exporters criticized Bharat Tex’s merged format, saying the event’s retailer-heavy setup diluted buyer quality versus the former IIGF model. Recycled Fibres Push: Recover teamed with Turkey’s Ünteks to scale circular knit fabrics using at least 20% recycled cotton for everyday apparel. Nylon Recycling Funding: French startup Syntetica raised $30m to recycle mixed nylon grades, aiming to expand recycled nylon’s still-small market share. Ghana Textile Revival: President Mahama said processes are underway to revive Volta Star Textiles, including a selected investor and a Benin cotton MoU. Bangladesh World Cup Jersey Pride: Bangladesh is producing official World Cup jerseys and sports apparel for global brands, highlighting the RMG sector’s push into higher-value sportswear.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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