Fashion
EU names CPA as Bangladesh’s hub for Indo-Pacific maritime cooperation
The EU’s Critical Maritime Routes in the Indian Ocean (CRIMARIO) programme has been expanding the Indo-Pacific Regional Information Sharing (IORIS) platform into a central hub for secure operational coordination among maritime agencies.
It supports everything from incident reports and vessel tracking to geospatial analysis and joint responses to piracy, trafficking, fishing, marine pollution and search-and-rescue operations, a CPA press release said.
The EU has designated the Chattogram Port Authority (CPA) as Bangladesh’s focal point for its Indo-Pacific maritime information-sharing network.
The decision offers the country a larger role in a system used by over 150 organisations across 57 nations and may streamline how Bangladesh’s agencies use IORIS.
CPA officials attended the IORIS policy board’s third standing committee meeting last month.
The new EU decision offers the country a larger role in a system now used by more than 150 organisations across 57 nations, domestic media outlets reported.
It is also expected to streamline how Bangladesh’s agencies like the Navy, the Coast Guard, port authorities, customs, fisheries and emergency response units use IORIS.
CPA officials represented Bangladesh at the IORIS policy board’s third standing committee meeting in Manila last month.
Fibre2Fashion News Desk (DS)
India’s textile outlook is turning structurally complex.
The EU pact targets ~99.5 per cent trade coverage with phased duty relief, while rupee weakness supports exports.
However, crude volatility, >80 per cent import energy dependence, polyester cost inflation and US market softness (≈28 per cent share) are fragmenting performance, reinforcing a shift towards cotton-led, EU-focused exporters.
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Official data showed that 186 transactions were completed under the zero-tariff policy, covering goods worth nearly ¥1.7 billion (~$236 million), reflecting a 1.46-fold rise compared to the previous year. The policy also resulted in duty exemptions totalling ¥271 million (~$37.6 million).
The figures were released at a press conference held ahead of the 100-day milestone of the policy’s implementation.
Hainan Free Trade Port recorded trade exceeding ¥80 billion (~$11.6 billion) in its first 100 days of special customs operations, up 32.9 per cent YoY.
A total of 186 zero-tariff transactions were completed, covering goods worth ¥1.7 billion (~$236 million), while duties worth ¥271 million (~$37.6 million) were exempted, reflecting strong early momentum.
Launched on December 18, the island-wide special customs operations aim to facilitate smoother entry of overseas goods, expand the scope of zero-tariff items, and create a more business-friendly trade environment.
Positioned as the world’s largest free trade port by area, Hainan FTP is expected to play a strategic role in advancing China’s trade liberalisation and economic openness.
Fibre2Fashion News Desk (JP)
The measure implements tariff reduction commitments made under the ‘Early Harvest Arrangement of the Agreement on Economic Partnership for Shared Development’ between the two countries.
China will implement preferential tariff rates on selected imports from the Republic of the Congo starting April 1 under the Early Harvest Arrangement of their economic partnership agreement.
The move announced by the Customs Tariff Commission, is aimed at fulfilling tariff reduction commitments, enhancing bilateral trade cooperation and advancing long-term economic ties between the two countries.
The commission said the move is in line with China’s tariff law and reflects the country’s continued efforts to expand opening-up and strengthen trade ties with African partners.
Officials stated that the preferential tariff treatment will help deepen bilateral economic and trade cooperation and support the development of a higher-level community with a shared future between China and the Republic of the Congo.
The Early Harvest Arrangement, signed in November 2025, marked the first such agreement of its kind between China and an African country, paving the way for broader market access and phased tariff reductions.
Fibre2Fashion News Desk (JP)
EU gains meet a harsh reality in India: War, rupee, energy shock
Hainan free trade port crosses $11.6 bn trade in 100 days
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