Search Results for: Pakistani
10 results out of 145 results found for 'Pakistani'.
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.…
PAKISTAN AND TURKEY APPROACH TRADE DEAL, WITH CONTRASTING FEELINGS BETWEEN COUNTRIES’ TEXTILE SECTORS
TURKISH and Pakistani textile executives are divided in their opinion about the likely benefits of the Free Trade Agreement (FTA) under discussion between Pakistan and Turkey, with Pakistan opinion in favour, but less enthusiasm in Turkey.
Seven rounds of talks between the two sides have taken place and further talks maybe staged in August.…
INDIAN EXPORTS OF SYNTHETIC TEXTILES TO PAKISTAN START TO GROW AGAIN, RECOVERING FROM PAST SHARP FALL IN TRADE
THE POLITICAL standoff between India and Pakistan may dominate the news headlines but India’s synthetic textiles, yarn and fibre are starting to find an increasing number of Pakistani buyers.
According to Kripabar Baruah, joint director, Synthetic and Rayon Textile Export Promotion Council (SRTEPC), exports to Pakistan that had fallen in 2014-5, and 2015-6, have grown in the current financial year (2016-17).…
EU AND ILO AIMING AT MAKING PAKISTAN LEATHER AND TEXTILE FACTORIES POSSIBLE TO WORK
THE INTERNATIONAL Labour Organisation (ILO) is running a project, largely funded by the European Union (EU), to improve compliance with labour and environmental standards for companies in Pakistan, mostly in the textile and leather sectors. The EU budget contribution is EUR12 million, with the remaining EUR600,000 being co-financed by the United Nations’ agency, which will take the lead in implementation.…
PAKISTAN TEXTILE EXECUTIVES WOO CHINESE WITH PROPOSALS OF LOW COST AND HGH TECH JOINT VENTURES
PAKISTANI textile business executives have welcomed the enthusiasm of Chinese investors to bring investments into Pakistan’s textile sector through joint ventures and relocating of their textile production units, because of rising costs and tightening environmental regulations within China.
According to All Pakistan Textile Mills Association (APTMA), Chinese interest has in Pakistan has grown further after the APTMA secretary general gave a comprehensive presentation at a conference in Shishi city, in Fujian province, organised by the China Textile Information Centre from April 19-20.…
PAKISTAN AND SPAIN IN PROACTIVE BILATERAL PUSH TO BOOST EXPORT AND IMPORT TRADES
THE PAKISTAN and Spain governments are working together to boost their countries’ bilateral trade, with textiles and clothing a key part of this commerce. sales of Pakistani textile goods exported to Spain is increasing, with receipts generated by all commerce between the two countries expected to generate at least USD1 billion this year (2017), Spain’s ambassador to Pakistan Carlos Morales has said (it exceeded this amount in 2016, said commerce ministry officials).…
EXPORT POTENTIAL OF LUXURY KASHMIRI TEXTILE PRODUCTS RESTRICTED BY GOVERNMENT INACTION AND CONTINUED INDO-PAKISTAN HOSTILITY
PAKISTAN business leaders trading in traditional Kashmiri textiles are worried about the shrinking size of the trade in their products, blaming the government for this poor state of affairs. It is hard times for Pakistan manufacturers of Kashmiri shawls, popularised by French Queen Marie Antoinette as a luxury item and more recently popular amongst ethnic clothing consumers.…
PAKISTAN COTTON PRODUCERS TO RECEIVE GLOBAL AND AUSTRALIAN EXPERTISE IN TRAINING INITIATIVE
A TRAINING project for Pakistan cotton farmers has been launched by the Australian government, industry association Cotton Australia and the global Better Cotton Initiative (BCI), with the goal of boosting production in this key south Asian supplier of the fibre.…
PAKISTAN AND ITALY EYE FUTURE COOPERATION IN TEXTILE AND TEXTILE MACHINERY TRADES
THE PAKISTAN and Italian textile industry sectors have agreed three memoranda of understanding (MoU) designed to ramp up cooperation between their companies and sectoral associations.
The Italian textile machinery manufacturing association (L’Associazione Costruttori Italiani di Macchinario per Industria Tessile – ACIMIT) signed three separate MoUs with the All Pakistan Textile Mills Association (APTMA), the Pakistan Hosiery Manufacturers & Exporters Association (PHMEA) and the Pakistan Readymade Garment Manufacturer and Exporters Association (PRGMEA).…
ASIA REGULATORY ROUND UP – HONG KONG SIGNS NEW DOUBLE TAXATION PREVENTION DEAL WITH PAKISTAN
THE HONG Kong and Pakistan government have signed a comprehensive agreement on avoiding double taxation. Pakistani tax paid by Hong Kong companies will be credited against Hong Kong taxes on the same profits, with the reverse applying for Pakistan companies. Pakistan’s withholding tax rates for Hong Kong residents on royalties and fees for technical services (both currently 15%) will be capped at 10% and 12.5% respectively.…