Though Belgium has a diversified economy, this term paper focuses on managing global expansion of textile in Belgium since the textile industry is one the major industries affected by globalization. Additionally the paper focuses on the essence of globalization, cultural and political factors affecting globalization, the strategies that firms need to employ and recommendations that the Belgium textile industry needs to employ to succeed in the global market. It is worth noting that the fierce global competition requires a firm or an economy to use strategic policies that will make the firm to remain at a competitive advantage. More so, current global economy has affected many economies and their rate of recovery depends on the microeconomic factors being employed by the policy makers within the individual economies. This calls for thorough research on the most viable markets/ economies to invest.