Search Results for: Pakistani

PAKISTAN’S textile industry is going to secure over USD1 billion worth of orders from the recently concluded Heimtextil exhibition in Germany, the Pakistan Textile Exporters Association (PTEA) has predicted.

A spokesman told WTiN.com that the figure represents a “40 per cent jump in the number of orders” compared with the last year, and said the boom in orders is “fully attributed” to the country’s eligibility to the European Union’s (EU) GSP+ trade scheme.…

BANGLADESH is far from being the only emerging market outsourcer that has had problems with factory safety and auditing. Elsewhere in Asia, Pakistan, Sri Lanka, and especially Cambodia have had their own problems.

Indeed Cambodia has been wracked by industrial disputes overworking conditions in its textile and clothing sector.…

PAKISTAN and India are negotiating an enhanced textile trade agreement to fuel their mutual economic growth and investment, Khurram Dastagir Khan, Pakistan’s minister for commerce and textile industry has told WTiN.com.

During a visit to New Delhi, with a 70-member business delegation last week (Thursday), Mr Khan said that, “the enhancement and facilitation of trade through Wagha [India and Pakistan’s key road border crossing] is under active negotiation.”…

THE PAKISTAN government has started acquiring 1,562 acres of land near Lahore, capital of Pakistan’s most populous and main cotton producing province, Punjab, for a proposed major garments manufacturing centre.

Major General (Retd) Javed Iqbal, chief executive officer of the Punjab Industrial Estates Development and Management Company (PIEDMC), which is developing this so-called ‘garments city’ and some other industrial estates in the province, said that a pre-feasibility study has now been completed.…

Chinese and Pakistani textile and clothing industry associations have taken the first step to explore the possibility of setting up joint ventures in Pakistan by forming a working group for providing match-making services to the prospective investors.

“The joint working group held its first meeting when a large Chinese delegation visited Pakistan in August 2013 and held talks with the Pakistan government officials and the textile industry leadership,” the All Pakistan Textile Mills Association (APTMA) Group Leader Gohar Ejaz told WTiN.com.…

PAKISTAN garment manufacturers are anticipating significant trading benefits from an anticipated accession from January 2014 to the European Union’s (EU) new Generalised Scheme of Preferences Plus (GSP+) trading scheme.

Some are asking the Pakistan government to relax import duties blocking access to raw materials, especially artificial fibre, needed to diversify product lines so that they can take full advantage of the facility.…

While small-and-medium-sized enterprises (SMEs) in Pakistan’s knitwear sector have significant manufacturing capacity, they have yet to harness their full potential, according to the United States Agency for International Development (USAID). Pakistan exported USD2.3 billion’s worth of knitwear in 2011 says the Trade Development Authority of Pakistan, and many producers are small.…

PAKISTAN’S anticipated membership of a revised European Union (EU) Generalised Scheme of Preferences Plus (GSP+) from January has sparked a debate over whether the country’s industry is ready to benefit from the duty-free access the system provides.

Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) senior north zone vice-chairman Jawwad A Chaudhry has argued that Pakistan’s garment industry might not fulfill orders because of a shortage of raw materials.…

THE MALDIVES may best be known a tropical paradise with rare beauty, but this south Asian archipelago is also a hotbed for terror financing and money laundering, analysts fear. The country is now attempting to strengthen weak anti-money laundering and combating the financing of terrorism (AML/CFT) laws that have created a “magnet effect for foreign organisations to pour money into local extremist groups,” warned Jean-Charles Brisard, US based terrorism financing expert and former chief investigator for the 9/11 families’ lawsuits against Al Qaeda financiers.…

While Syria is mired in its bloody civil war, it remains targeted by multilateral sanctions. But despite being essentially cut off from the international banking system, Damascus is evading these sanctions by using Russian banks, and is being financially propped up by Iran.…