Fashion
WTO launches 3rd phase of Enhanced Integrated Framework
EIF is a mechanism aimed at leveraging and coordinating support for trade and investment priorities in least-developed countries (LDCs).
WTO Director-General Ngozi Okonjo-Iweala called for stronger partnerships to achieve the objectives of the Enhanced Integrated Framework’s (EIF) third phase, launched yesterday in Yaounde.
It aims to coordinate support for trade and investment priorities in LDCs.
The latest six-year phase has also secured fresh contribution pledges from Germany, Liechtenstein, Norway, Switzerland and the UK.
The new phase was launched at a side event to the 14th WTO Ministerial Conference (MC14) in Yaounde, Cameroon, co-organised by Cambodia, the United Arab Emirates and the EIF executive secretariat.
The third phase of the EIF introduces a shift from stand-alone projects to multi-year country programming. It is designed to help LDCs better integrate into the global trading system while addressing structural vulnerabilities and seizing new opportunities in areas such as digital trade, services, green value chains and regional integration.
The latest six-year phase also received new contribution pledges from Germany ($1.964 million), Liechtenstein (~$63,139), Norway ($4.15 million), Switzerland ($3.16 million) and the United Kingdom ($6.67 million).
“This third phase of the EIF comes at a defining moment for the LDCs and recently graduated countries. Familiar structural vulnerabilities are being compounded by a disrupted global trading system, power politics, debt pressures, climate change, and global economic uncertainty. At the same time, the current global context offers some important opportunities for LDCs to use trade to drive growth, development, and job creation,” Okonjo-Iweala said in a release issued by the WTO.
The DG also emphasised the need to scale up support and partnerships to match the ambition of the new phase.
Fibre2Fashion News Desk (DS)
Fashion
Export demand lifts North India cotton yarn; local demand slow
Fashion
Vietnam overtakes China in US jackets, blazers imports
US imports of jackets and blazers stood at $*,***.*** million in ****, reflecting a moderation from $*,***.*** million in **** and $*,***.*** million in ****. Despite the overall contraction, Vietnam strengthened its dominance, with exports rising to $***.*** million in ****, even as China’s shipments dropped sharply to $***.*** million, according to *fashion.com/market-intelligence/texpro-textile-and-apparel/” target=”_blank”>sourcing intelligence tool TexPro.
The transition has been gradual but decisive. In ****, China led with $***.*** million in exports to the US, ahead of Vietnam’s $***.*** million. The gap narrowed in ****, with China at $***.*** million and Vietnam close behind at $***.*** million. By ****, Vietnam had nearly caught up, reaching $***.*** million compared to China’s $***.*** million. The turning point came in ****, when Vietnam surged ahead as China’s exports declined significantly.
Fashion
China concludes Mexico tariffs create trade barriers for firms
The probe, initiated on September 25, 2025, was conducted under China’s Foreign Trade Law and the country’s regulations on foreign trade barrier investigations.
China’s Ministry of Commerce (MOFCOM) has concluded that Mexico’s tariff hikes and other restrictive measures on non-FTA partners constitute trade and investment barriers against China.
The probe, launched on September 25, 2025, found the policies limited market access and hurt Chinese firms, with Beijing authorised to take countermeasures to protect domestic industries.
MOFCOM found that Mexico’s decision to raise import tariffs on products from countries without free trade agreements, including China, as well as other restrictive policies, had limited market access for Chinese goods, services and investment.
The ministry stated that these measures had “restricted and impeded the entry of Chinese products, services and investment into the Mexican market,” thereby weakening the competitiveness of Chinese enterprises.
According to the ministry’s spokesperson, the findings confirm that Mexico’s policies constitute trade and investment barriers under Chinese law. The MOFCOM is authorised to take corresponding measures to safeguard the legitimate interests of Chinese industries.
The investigation forms part of China’s broader response to tariff hikes imposed by Mexico on non-FTA partners, which Beijing has repeatedly criticised as protectionist and detrimental to bilateral economic ties.
Fibre2Fashion News Desk (JP)
-
Fashion1 week agoSales at US apparel, clothing accessories stores up 4% YoY in Jan 2026
-
Entertainment1 week agoVal Kilmer revived 1 year after death through AI
-
Fashion1 week agoUS’ G-III Apparel’s FY26 sales fall 7% to $2.96 bn
-
Sports1 week agoMarch Madness 2026 – How to watch in SA, start time, schedule, TV channel for NCAA championship basketball tournament
-
Business1 week agoBrits cashing in jewellery as gold price hits record high
-
Fashion6 days agoChina’s textile & apparel exports surge 17% to $50 bn in Jan-Feb 2026
-
Business1 week agoWorld’s largest mining group names new chief executive
-
Fashion1 week agoSuez and Hormuz shut together, triggering global supply shock
