Home / Knowledge / News / Textiles / 'Pakistan & Italian textile sectors complement each other'
'Pakistan & Italian textile sectors complement each other'
Oct '13
The textile industry of both Pakistan and Italy complemented each other as both of them catered to different segments of the market, said Minister of State for Commerce and Textile Industry of Pakistan Engineer Khurram Dastgir Khan.
According to a statement issued by the Ministry of Commerce, the Minister said this while addressing a conference titled ‘Strengthening Pakistan-Italy Partnership’ at the Italian Chamber of Deputies (Lower House of the Italian Parliament), during his visit to the country.
The Pakistani Minister said that there exists a vast potential for trade ties between the countries, as their economies balanced each other.
Pakistan is an ideal location for foreign investors due to its geostrategic location, a thriving middle class, and a huge pool of youthful and skilled labor as well as a highly liberal investment regime, he added.
According to the Minister, Pakistan’s inclusion in the European Union’s (EU) Generalized System of Preferences Plus (GSP+) scheme would allow greater market access to the country’s exports at preferential terms. 
The Minister said the local Italian and European industries should have no cause of concern at the prospects of increased textile exports from Pakistan as such fears were ill-founded and not supported by statistical evidence.
On the contrary, greater business for Pakistan’s textile industry would translate into increased demand for Italian textile machineries, dyes and chemicals, he added.
The Minister sought support from the Italian business community by highlighting that the countries’ textiles sectors complement each other as the Italian market catered to high-end fashion products, whereas Pakistani textiles are mostly concentrated in the low end home textiles segment.
Mr. Dastagir also emphasized that granting GSP+ status to Pakistan would increase imports of textile machinery and different chemicals and dyes from Italy.
The Pakistani Minister was on a visit to four European countries to lobby for GSP+ status for the country. The Minister led a delegation accompanied by the secretary of Commerce and the Minister of Economy of Pakistan to Brussels, Madrid, Rome and Paris. 

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: Ikea

Textiles | On 26th Apr 2017

Ikea’s product sourcing from India to double by 2020

Ikea, the global home furnishing giant from Sweden, plans to double...

Textiles | On 26th Apr 2017

CITA to add insufficiently available fabric in CAFTA-DR

The Committee for the Implementation of Textile Agreements (CITA) has ...

Courtesy: SKF

Textiles | On 26th Apr 2017

SKF brings predictive maintenance for machinery to India

SKF India, a global supplier of bearings, seals, mechatronics,...

Interviews View All

Hannah Lane

Encouragement from brands will motivate supply chains to become more...

Asim Dalal
Indo Count Retail Ventures

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

Poojaa Kumar Deepak

Zeven's performance sports apparel is designed for the Indian body type,...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Larry L Kinn
Suominen Corporation

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

Mark Paterson
Technical Absorbents Ltd

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

Igor Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Sonam & Paras Modi

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

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


news category

Related Categories:
April 2017

April 2017

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


Browse Our Archives


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