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Pakistan seeks India's support to get EU's GSP plus facility
29
Aug '11
Junaid Esmail Makda, Vice President of Karachi Chamber of Commerce and Industry (KCCI), has on behalf of the Pakistani business community requested Rita Menon, Government of India's Textiles Secretary, to support Pakistan in getting European Union's GSP Plus facility.

On his recent visit to India, Mr. Makda discussed with the Indian Textiles Secretary over Pakistan's participation in expositions, trade events and other fairs.

In a KCCI press release, Mr. Makda said that an elaborate dialogue was held between him and Ms. Menon on probabilities of collaboration between Indian and Pakistani textile sectors.

Mr. Makda said that Pakistan's economy experienced a slump owing to nationwide floods which devastated crops. He was hopeful of India's support during the next session of the EU Parliament, where the matter was pending and may possibly be cleared after some alterations.

The KCCI official hailed the Indian Textile Ministry's efforts to improve textile exports. He stressed on reducing the misapprehensions between India and Pakistan and boost mutual trade, especially in the areas of textiles and other allied areas.

Mr. Makda, who is also the Chairman of Pakistan Hosiery Manufacturers and Exporters Association (PHMA), said the PHMA is keen on setting up a branch office in India.

He even underscored the prospects of textile machinery and raw materials import from India. He further opined that opening mutual trade of textile machinery, raw materials and Bt Cotton would have a great impact in augmenting mutual trade between the two countries.

Fibre2fashion News Desk - India

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