Home / Knowledge / News / Textiles / Pakistan textile body, US Consulate talk on market access
Pakistan textile body, US Consulate talk on market access
25
Oct '12
All Pakistan Mills Association (APTMA) and the US Consulate have agreed on a joint working strategy for resolving the issues confronting the industrial growth of Pakistan due to a limited US market access.

This consensus was evolved between the APTMA leadership and the US Consul General Nina Maria Fight at the APTMA House. Central Chairman APTMA Ahsan Bashir, Chairman APTMA Punjab Shahzad Ali Khan and members of Central Management Committee (CMC) were also present on the occasion.

She explained in detail as how US government was helping out Pakistan in energy projects. She said the US was also working on smaller projects with Discos to deal with the problem of efficiency and circular debt. She said there is a need for consistency in policies on the part of Pakistan. 
 
She assured the APTMA leadership of facilitating it in discussion with the Washington on textile tariff lines. 
 
According to her, the Free Trade Agreement (FTA) was not necessarily a quick process and the government of Pakistan was considering a bilateral investment treaty with the US. The US has given its consent and there is a need to speed up the process in Pakistan, as it would be the first step towards the FTA, she added.
 
On supplying quality cotton seed to Pakistan, the US envoy said that the US firm Monsanto has concerns about the Intellectual Property Rights (IPRs).
 
According to her, a new visa procedure was in the process on the part of the US in order to simplify the filing process and it is likely to be finalized soon.
 
She also urged the businessmen to keep abreast the US Consulate in case they are not treated well on their visit to the US, assuring of taking any such feedback seriously.
She said she was open to ideas on improvement in bilateral trade relations. She said a structural continuity is required to continue with negotiations of bilateral trade. 
 
Speaking on the occasion, the APTMA central Chairman Ahsan Bashir said that the textile value added industry was not able to compete in the US market due to preferential trade agreement with the competitors. He said Pakistan textile exports were not more than 3% to the US due to limited market access and added that Pakistan exports may reach to $30 billion in three years if raw materials exported to the US are converted to garments. He said the competitors are using Pakistan’s raw materials to export to the US and the West. He further clarified that the garment industry was not energy-intensive therefore energy shortage in Pakistan was not an impediment for the garment industry if the market access is provided with by the US. 
 
Chairman APTMA Punjab Shahzad Ali Khan said that Pakistan textile industry had no threat from trade opening with India provided that there are no trade and non-tariff barriers from India in place. 
 
The APTMA CMC members also exchanged their views on the occasion.

All Pakistan Mills Association (APTMA)


Must ReadView All

Textiles | On 26th Jun 2017

US initiates probe into PSF imported from 5 nations

The department of commerce of the US has initiated investigations for ...

Textiles | On 26th Jun 2017

USTR announces AGOA review for Rwanda, Tanzania & Uganda

The office of the US trade representative (USTR) has announced the...

Textiles | On 26th Jun 2017

Braskem invests in polypropylene production facility in US

The Board of Directors of Braskem, one of the largest producer of...

Interviews View All

Viral Desai
Zenitex Mill Pvt Ltd

Full of green energy

Asim Dalal
Indo Count Retail Ventures

Today, there is no other emerging market as India, "we make in India and...

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Marten Alkhagen
Swerea IVF AB

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

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

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

news category


Related Categories:
June 2017

June 2017

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

SUBSCRIBE


Browse Our Archives

GO


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