AGP Executive Report
Last update: 8 hours agoTrade Deal Momentum: Russia has cleared the Indonesia–EAEU free trade agreement for implementation, aiming to widen market access for Indonesian agricultural and manufactured goods and cut trade costs across most commodities. EU Industrial Decarbonisation: The European Commission picked 65 projects to share about €400m under its Innovation Fund Heat Auction, targeting cleaner industrial heat and millions of tonnes of CO2 avoided over the next decade. Textile & Craft Spotlight: From Guinea cloth finding new life in modern interiors to tech-supported basket weaving and khanga art moving into contemporary fashion, traditional textiles keep getting fresh routes to consumers. Market Watch: ICE cotton futures were mixed as rainfall and a stronger US dollar weighed on nearby prices, while longer-dated contracts held up on weather and acreage concerns. Policy & Supply Chain: India–Canada CEPA talks are pushing toward a year-end finish, with textiles among the sectors in the delegation mix. Local Industry Pressure: Turkey’s textile sector faces factory closures amid sustainability and energy-efficiency pushback.
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