Trade deal with India creates new eco-friendly market potential for Australia's sustainable cotton and wool

  • 📰 abcnews
  • ⏱ Reading Time:
  • 55 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 46%
  • Publisher: 83%

Cotton Noticias

Australia,India,Exports

As more eco-conscious fashionistas move away from fast fashion, a new trade deal with India has created more market potential for Australia's sustainable cotton and wool industry.

"Fast fashion" is a dirty phrase among the growing number of eco-conscious fashionistas across the world — and Australian farmers are looking to capitalise.

A garment worker adds the finishing touches to one of Rahul Mishra's gowns, an Indian designer who's used Australian wool for more than a decade.Mr Dillon is the Australian representative for 100-year-old Indian manufacturing company, NC John Garments. "Brands are considering all tiers of their value chain right back to the origins of their raw materials," he said.

Rahul Mishra is one of the country's most famous designers whose clothes grace Paris fashion week each year and are worn regularly by celebrities like J-Lo and Selena Gomez."What is the purpose behind making another outfit?" Mr Mishra asked. A new bilateral trade agreement finalised last year has boosted Australian exports of wool and cotton to India.India is Australia's third-largest cotton export destination.Now, 51,000 tonnes of Australian cotton can enter India duty-free each year, with the elimination of an 11 per cent tariff.The five per cent tariff on imported Indian clothing has also been wiped, which has led to a better deal at the cash register.

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 5. in MX

México Últimas Noticias, México Titulares