AEPC Welcomes India–New Zealand FTA as a Turning Point for Apparel Exports
The Apparel Export Promotion Council (AEPC) has welcomed the conclusion of the India–New Zealand Free Trade Agreement, describing it as a significant milestone for India’s export ecosystem, particularly for the labour-intensive textiles and apparel sector. Dr A. Sakthivel, Vice Chairman, AEPC, termed the agreement a timely and strategic move that strengthens India’s global trade presence […]
Understanding Letters of Credit in Apparel Trade
Global apparel trade runs on tight margins, tight schedules and tight trust. When a factory in Tiruppur ships a container of shirts to a buyer in Europe, both sides want certainty. The buyer wants assurance that the goods meet the agreed specifications. The seller wants assurance that payment will arrive. A letter of credit is […]