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

Apparel/Garments | On 26th Jun 2017

GSTN registration reopens

E-commerce operators and TDS (tax deducted at source) deductors can...

Textiles | On 26th Jun 2017

Expedite release of ROSL pending claims: TEA to Centre

The Tiruppur Exporters' Association (TEA) has again urged Union...

Textiles | On 26th Jun 2017

'Export promotion schemes to continue under GST regime'

The export promotion schemes will continue under GST regime, said...

Interviews View All

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Nuno Venda
ROQ

‘There has been an increase in demand for water based inks, rather than...

Larry L Kinn
Suominen Corporation

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

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Suresh Patel
Sidwin Fabric

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

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

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

news category


Related Categories:
July 2017

July 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