The 11^th International Fashion Fair opened in Istanbul yesterday with a positive address from Turkish minister of state Kursad Tuzmen.

Mr Tuzmen said that the country’s textiles industry was eighth largest in the world and that its ready-to-wear sector was fourth. He also predicted that the combined revenues from these sectors will hit $150 billion by 2023.

In 2007, Turkish garment exports rose 16% year-on-year to $13 billion and textile exports were up 17% to $9.5 billion.

The fair, which runs until February 9, is hosting 250 exhibitors from the sportswear, ready-to-wear, knitwear, lingerie, hosiery, denim and accessories sectors.

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