Home / Knowledge / News / Textiles / Pak textile sector seeks technical, financial assistance
Pak textile sector seeks technical, financial assistance
23
Jan '14
Textile sector representatives in Pakistan have urged the Government to extend technical and financial assistance, to help them fully exploit the benefits under the GSP Plus status granted by the EU since January 1, 2014.
 
The demand  was placed at a public-private dialogue on “Enhancing Competitiveness and Export Potential of Textile and Leather Garments” organized by the International Trade Centre (ITC), Pakistan Institute of Trade and Development (PITAD) and Punjab Industries Department, under the EU-funded Trade Related Technical Assistance (TRTA II) programme.
 
Textile sector representatives demanded that the Government should assist them in obtaining loans from banks for upgrading obsolete technology. Also, they urged the Government to set up state-managed technical institutes to ease skilled manpower issues, cut duty on raw material and machinery imports and make efforts to check illegal imports of finished products, particularly from countries like Iran and Afghanistan.
 
Roshan Ara, Development Advisor, EU delegation to Pakistan, emphasized on the need for Pakistan to raise its productivity and environmental and certification compliance capacity, so as to enable the textile sector reap the real benefits of the GSP Plus scheme.
 
Highlighting the issues impeding growth of the textile sector, Lahore Chamber of Commerce and Industry president Sohail Lashari highlighted the need for establishing a dialogue between the Government and the private sector to address these issues and also to bring in some policy reforms to better equip the sector to benefit from schemes like GSP Plus.
 
Additional Secretary, Ministry of Commerce, Fazal Abbas Maken and ITC representative Owais Khan, however, urged the entrepreneurs to focus on enhancing productivity and competitiveness to produce demand-based products and even make efforts to tap even other markets, alongside the EU.
 
Representatives of Pakistan Readymade Garments Manufacturers and Exporters Association and Pakistan Hosiery Manufacturers Association also participated in the dialogue.
 

Fibre2fashion News Desk - India


Must ReadView All

FDI in Vietnamese textile-garment projects on the rise

Apparel/Garments | On 24th Jun 2018

FDI in Vietnamese textile-garment projects on the rise

The European Union-Vietnam Free Trade Agreement and the Comprehensive ...

Courtesy: Alizilla

Apparel/Garments | On 24th Jun 2018

Alibaba Group sets up office in Kuala Lumpur

Strengthening its commitment to Malaysia, Alibaba Group has set up an ...

Bombay Dyeing plans to wind up Indonesian JV

Textiles | On 24th Jun 2018

Bombay Dyeing plans to wind up Indonesian JV

Bombay Dyeing & Manufacturing Co Ltd plans to wind up its loss making ...

Interviews View All

Manuj Terapanthi
Texaura

Transparent supply chain and fair trade will boost sustainable market

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Sanjay Yagnik
Maa Tex Speciality

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

Urmil Arya

Sushila International, a well established textile organisation established ...

Paolo Crespi

For.Tex is an Italy-based leading producer of dyes and thickeners, and is...

Rajat Jaipuria

Activewear brand Soul Space promotes organic cotton farming and...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Mark Paterson
Technical Absorbents Ltd

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

Marten Alkhagen
Swerea IVF AB

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

Cigdem Akin
Cigdem Akin

She has carved a niche for herself as the national brand of Turkey. Her...

Wendell Rodricks
Wendell Rodricks

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

Mike Hoffman
Gildan Activewear SRL

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

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

Leave your Comments


June 2018

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

news category


Related Categories:

Advanced Search