Tag: global economy
-
How will Türkiye position itself as global textile trade is reshaped?
Global trade, reshaped by the free trade agreements signed by the European Union in January, is altering the competitive balance in Europe — Türkiye’s largest export market. The customs advantages India will gain through its agreement with the EU, along with emerging new trade blocs, are leading Türkiye to reassess its position in the global…
-
Global textile industry still positive for the end of the year
The International Textile Manufacturers Federation (ITMF), has released the results of its Global Textile Industry Survey (GTIS) for March 2025. This survey, conducted regularly across all key regions and segments of the textile value chain, revealed a complex picture of a deteriorated business situation, cautious optimism, regional divergence, and ongoing structural challenges. Accordingly, after a…
-
A Difficult Exam is Awaiting the Turkish Economy
A difficult exam is awaiting the turkish economy. Economic and financial difficulties affected expectations negatively both globally and locally. According to 2019 World Bank report, the global economy by 2.9, while Turkey is estimated to grow by 1.6%. This growth forecast is showing the lowest level in the last 10 years for Turkish economy. The…