Home / Knowledge / News / Textiles / Pakistan seeks deal with Japan to boost textile exports
Pakistan seeks deal with Japan to boost textile exports
19
Jul '12
Prior to entering into a bilateral trade treaty with Japan, Pakistan has asked Japan to extend a concessionary package to help it boost its textile and garment exports to Japan.
 
The demand was made during the Pakistan-Japan Business Roundtable, held to discuss specific trade and investment related issues.
 
Pakistan Commerce Minister Makhdoom Amin Fahim, who led the Roundtable along with Hiroshi Oe, Japanese Ambassador in Pakistan, said the trade volume between the two countries, which presently stands at about US$ 2 billion, is much below their actual potential. 
 
He noted that Pakistani textile exports to Japan suffer due to absence of any bilateral trade agreement between the two nations. 
 
Mr. Fahim expressed optimism that the Roundtable would prove to be a major step towards conclusion of Free Trade Agreement (FTA) and Preferential Trade Agreement (FTA) between the two countries.
 
Meanwhile, articulating interest in exporting items from Pakistan to India, the Japanese delegation sought Pakistan’s help in reducing non-tariff barriers on Indian side.
 
Pakistan has already invited Japan to establish a Special Economic Zone and Textile City in the country, and the meeting also discussed prospects of these projects.
 

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 24th Jul 2017

Govt extends deadline for GST composition scheme to Aug 16

The Government on India has extended the deadline for small...

L-R: Dhanapal, JMD, Best Corporation; Prabhu Damodaran, Convenor, ITF; Narayanasamy, MD, Micro Cotspin; Senthilnathan, MD Rasitex India; and Sabapathy, MD, Prasanna Spinning Mills

Textiles | On 24th Jul 2017

TN mills seek partnership with cotton growing states

Spinning mills in Tamil Nadu are seeking stronger partnership with...

Textiles | On 24th Jul 2017

Irani terms GST as a ‘great step towards transparency’

Union textiles minister Smriti Irani has termed the Goods and...

Interviews View All

Mandeep Nagi
Shades of India

Women value something that is unique and has a flavour of India

Evelyne Cholet
UCMTF

‘France had a reputation of being big in new ideas, but poor in marketing...

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X