VIENTIANE (Vientiane Times/ANN): Members of the Asean Federation of Textile Industries (Aftex) gathered in Vientiane for two days to hear reports and learn about the activities of each participating country, as well as discuss collaboration.
The Aftex 43rd Council Meeting and 40th Plenary Session took place last week and was hosted by the Association of Lao Garment Industries.
The meeting shared information about garment business operations in Asean, considered the global garment market, and discussed ways to collaborate in the export of garments worldwide.
Participants also discussed products, raw materials, trade policies, adaptation, and the creation of strategies for problem solving.
Laos and some other Asean countries are preparing to graduate from Least Developed Country status and to embrace the Industry 4.0 era, which means streamlining trade using electronic systems and market integration within the region and the world.
The meeting also heard about the introduction of cooperation projects, trading, new technologies, new products, joint exhibitions and opportunities for new markets in China and the Republic of Korea. - Vientiane Times/Asia News Network