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

Apparel/Garments | On 23rd Sep 2017

AAFA urges negotiators to preserve TPLs in NAFTA

The American Apparel & Footwear Association (AAFA), an alliance of...

Textiles | On 23rd Sep 2017

SIMA urges Centre to re-look duty drawback rates

he Southern India Mills’ Association (SIMA) has appealed to the...

Textiles | On 23rd Sep 2017

PKR 690.65-mn budget for Pakistan Cotton Committee

The Pakistan Central Cotton Committee (PCCC) recently approved a PKR...

Interviews View All

Amrit Sethia
SOIE

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Smita Murarka
Amanté

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Evelyne Cholet
UCMTF

‘France had a reputation of being big in new ideas, but poor in marketing...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Kerem Durdag
Biovation II LLC

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

Aditi Somani
Aditi Somani

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

Madhu Jain
Madhu Jain

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

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

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

September 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
74.5%
No
12.8%
Skip
12.8%

Total Votes: 47

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.7%
No
25.5%
Skip
12.8%

Total Votes: 47

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.2%
No
6.4%
Skip
6.4%

Total Votes: 47

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
70.2%
No
10.6%
Skip
19.1%

Total Votes: 47


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