Home / Knowledge / News / Textiles / PTA will boost Pakistan's textile exports to Indonesia
PTA will boost Pakistan's textile exports to Indonesia
04
Jan '13
The likely implementation of the Preferential Trade Agreement (PTA) between Pakistan and Indonesia from the current month would increase exports of textiles from Pakistan to Indonesia, according to Mr. Otto Rakhim Gani, Secretary for Economic and Trade Affairs at the Indonesian Embassy in Pakistan.
 
Speaking to a delegation of Islamabad Women Chamber of Commerce and Industry (IWCCI), Mr. Gani said the Pakistan-Indonesia PTA will come into force this month, as both countries have completed the spade-work for the same.
 
He said a new era of cooperation between the two countries would begin with the implementation of the PTA, which would, in turn, boost economic and trade ties between the two nations.
 
Exports from Pakistan, including textile exports, to Indonesia, the largest economy in Southeast Asia, would get a boost following the coming into force of the PTA, he added.
 
Once the PTA is implemented, steps would be taken to initiate negotiations for a Free Trade Agreement (FTA) between the two countries, Mr. Gani said.
 
Ms. Samina Fazil, founder president of IWCCI and Ms. Farida Rashid, current president of IWCCI, said the PTA would enhance exports of Pakistani goods to Indonesia, especially fabrics, carpets, value-added textiles like garments, and chemicals.
 
The IWCCI representatives urged the Government to take steps, such as organizing single country expos and exchange of trade delegations, to increase cooperation between the business communities of both nations.
 

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 5th Dec 2016

Uster mill makes Indian yarn firm top supplier to China

Kikani Exports, one of India’s leading yarn suppliers, with 12 years...

Courtesy: Myntra

Apparel/Garments | On 3rd Dec 2016

Myntra to be EBITA positive by FY18: CEO Narayanan

Myntra is on track to achieve sustainable growth and be EBITA...

Courtesy: India ITME Society

Textiles | On 3rd Dec 2016

India ITME 2016 opens with over 1050 exhibitors

The India International Textile Machinery Exhibition (India ITME)...

Interviews View All

Asim Dalal
Indo Count Retail Ventures

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

Karel Williams
Dow Microbial Control

'Silvadur is most rapidly adopted in areas where hygiene-conscious and...

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Iago Castro Asensio
RCfil Distribuciones S.L.

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

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Robert Brunner
Devereux

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

Jay Ramrakhiani
Occasions Elegance Wear

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

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
December 2016

December 2016

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search