Responsible business conduct in textile and footwear markets

Alina Ravshanovna Valamat-Zade and Ivan Sergeevich Ermokhin
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Alina Ravshanovna Valamat-Zade: Russian Foreign Trade Academy, Moscow, Russia
Ivan Sergeevich Ermokhin: Russian Presidential Academy of National Economy and Public Administration (RANEPA), Moscow, Russia

Russian Foreign Economic Journal, 2019, issue 10, 113-120

Abstract: Promoting trade and adhering to sustainable development principles becomes a global trend, including the textile and footwear markets. Compliance with these principles is a prerequisite to exporting goods to the markets of developed countries and helps to increase competitiveness, attract investors, as well as improve company reputation. The most significant standards for international trade in the textile and footwear sector are the OECD Responsible Business Conduct Standards established in the OECD Due Diligence Guidance for Responsible Supply Chains in the Garment and Footwear Sector.

Keywords: Export; responsible business; textiles; footwear; international trade; supply chain; attracting investors. (search for similar items in EconPapers)
Date: 2019
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