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Egypt can export to the US tax-free if garments are made at Qualifying Industrial Zones (QIZ), which requires 10.5 percent of manufactured goods to be sourced from Israel. 'Made in Egypt'?: The quiet garment scheme making Egypt and Israel billions US President Donald Trump’s scuppering of the Trans-Pacific Partnership (TPP) agreement in January, which would have allowed greater free trade between Asia and North America, has also been a boon. “What is happening is that with no TPP, Africa as a whole needs to absorb what I call the ‘next migration’, as manufacturing went to Asia, and now it will come to Africa,” said Waleed el Zorba, managing director of Nile Holding Company. As middle classes in China and India grow, Egyptian and African manufacturers are also banking on changing consumption patterns. Currently, the total garment market size of the US and Europe is $674bn, while it is $326bn in China and India combined. “That tells you the biggest market is the West, but consumption is changing rapidly,” said Bedi. Annual per capita fibre consumption – clothes, sheets, towels, jumpers, jackets - in the US is currently 39 kilograms, and in the EU 25 kilograms - or the equivalent of 78 and 50 pairs of jeans respectively. In China, it has surged from 5kg a decade ago to 15.5kg today, and forecast to reach 25 kg by 2025. Per capita consumption is expected to surge in India from 5 kg to 15kg. By 2025, India and China’s consumption – with a combined population of 2.66 billion or around 36 percent of the world’s population, according to the UN – will have reached $740bn, outstripping the US and the EU’s $725bn. The expectation is that China and India will source clothing domestically and closer to home, leaving Africa – and specifically North Africa – ripe for opportunity. “We can’t prove that buyers are leaving Asia, but from 2016 there is demand for sourcing clothes closer by,” said Dhyana van der Pois of the International Apparel Federation (IAF), whose clients include G-Star.
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Clothing drive held in the Bronx for victims of deadly fire By Shannan Ferry | December 30, 2017 @3:06 PM Shaquan Hoke says that, as someone who was once homeless, it pains her to see the survivors of Thursday's deadly Bronx fire lose everything. So, on Saturday, she was among the dozens of people who dropped off bags full of donations to help the victims. "Because we are all living in the same neighborhood, to me that's like family, and when you see a family member hurting and in need, you do whatever it is to help them," Hoke said. The weekend-drive was organized by the mayor's office in partnership with the Bronx borough president, the NYPD, the FDNY, and other city agencies. Coats, shoes, toys, toiletries and other items poured in to St. Martin of Tours, a church located less than a mile from the fire that left 12 people dead and several others wounded. "It is our job to reach out to the community and take care of the community, and that's what these agencies do," NYPD Captain Kenneth Gorme said. "For the church, it is just part of our faith that all of us, in ups and downs, work together," said Pastor Cosme Fernandez of St. Martin of Tours. Officials said a three-year old boy was playing with a stove when flames broke out on the first floor and quickly spread up to the fifth floor. The building suffered extensive fire, water, and smoke damage.
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