PAKISTAN SEEKS MORE FOREIGN INVESTMENT FOR ITS TEXTILE AND CLOTHING SECTOR – WTO TOLD
April 21st, 2015
THE PAKISTAN government has told the World Trade Organisation (WTO) that it will proactively seek foreign direct investment (FDI) for its clothing and textile sector as it seeks to leverage its GSP+ preferential trade access to the European Union (EU).In a statement following the conclusion of a WTO trade policy review on Pakistan, Islamabad said: “There is bright potential for FDI in power, liquefied natural gas (LNG), gas, infrastructure development and petro-chemicals' sectors. In addition, the textile sector can attract local investment in the country after ...
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