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

Ghana makes tax stamp compulsory on imported textiles

Textiles | On 27th May 2018

Ghana makes tax stamp compulsory on imported textiles

To curb illegal imports, Ghanaian authorities will put a tax stamp on ...

Courtesy: Vishal Mega Mart

Apparel/Garments | On 27th May 2018

Partners Group, Kedaara Capital taking over VMM

Partners Group, a private markets investment manager, and Kedaara...

Courtesy: Deckers

Apparel/Garments | On 27th May 2018

Deckers Brands sales soar 8.4% in Q4FY18

Deckers Brands, a global leader in designing, marketing and...

Interviews View All

Top executives
Textile industry

Overall, Union budget 2018-19 is very balanced

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Top executives
Fashion houses, India

With technology, it has become easier to ensure IPR

Rajat Jaipuria

Activewear brand Soul Space promotes organic cotton farming and...

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Samar Firdos
Arvind Ltd

<b>Samar Firdos</b>, Chief Manager (Design) at Lifestyle Apparel Denim...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

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

Leave your Comments


May 2018

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

news category


Related Categories:

Advanced Search