PAKISTAN TEXTILE INDUSTRY NOT CONFIDENT ABOUT PROPOSED CHINESE JOINT VENTURES

TEXTILE mill owners in Pakistan have expressed doubts over their government’s apparent enthusiasm to develop joint ventures (JVs) with their Chinese counterparts to boost dwindling export levels. Pakistan's textile minister, Pervaiz Malik, said at the 18th Textile Asia International Exhibition in Lahore recently that his government wants JVs with the Chinese textile sector and for his country to become a textile business hub for the Middle East, central and south Asia. However, Pakistan's textile millers say they don't see any positive outcome of the ...


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