Home / Knowledge / News / Textiles / 'Textile sector cooperation can benefit India & Pakistan'
'Textile sector cooperation can benefit India & Pakistan'
01
Jul '13
The textile industries of India and Pakistan can help generate employment through cooperation and reap economic gains, outgoing India’s High Commissioner to Pakistan Sharat Sabharwal has said.
 
Speaking to representatives of the All Pakistan Textile Mills Association (APTMA) in Lahore, Mr. Sabharwal said the people of India and Pakistan are looking for economic gains despite waning and waxing in mutual relationships.
 
The outgoing High Commissioner said the visa issue has been sorted out by both the countries, and the current facilities would continue in future.
 
He said the Indian Government has removed restrictions on investment and the country is quickly phasing out the negative list. He added that India would decrease the list of 600 negative items to 100 items with a small tariff of 5 percent. Subsequently, the list of 100 items would also be phase out over a five year period.
 
APTMA chairman Ahsan Bashir said the visa facility extended to Pakistani businessmen by the Indian High Commission under the tenure of Mr. Sabharwal has been remarkable.
 
He was optimistic that all impediments to trade between India and Pakistan, including infrastructure related problems at Wagah border, would be removed gradually.
 
In November last year, Mr. Sabharwal announced a special visa service for APTMA members in line with the SAARC model. He also announced one year triple entry visas for APTMA covering 10 cities with one side entry through land border and return through airport, exempted from police investigation. These visas are for the CEOs and Directors of APTMA members and their spouses, followed by the executives of the companies. 
 
The current trade between India and Pakistan is estimated to be around US$ 1.15 billion, which is much short of the potential, according to experts of both the countries.
 

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 20th Jan 2017

TEA expects budget to upscale textile skill industry

The Tiruppur Exporters’ Association (TEA) has requested the Central...

Textiles | On 20th Jan 2017

Bangladesh could earn $60 billion in exports by 2021

Bangladesh is expected to earn over $60 billion in exports by the...

Courtesy: PIB

Textiles | On 20th Jan 2017

Govt to help Tangaliya weavers purchase looms: Irani

Government of India will facilitate Tangaliya weavers in purchase of...

Interviews View All

Jurgen Gauger
Spreadshirt

‘Buying crowdsourced or creative designs are much more appealing to the...

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Kerem Durdag
Biovation II LLC

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

Marten Alkhagen
Swerea IVF AB

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

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Robert Brunner
Devereux

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

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

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
January 2017

January 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search