Home / Knowledge / News / Textiles / Pakistan & Japan must enhance trade relations: APTMA
Pakistan & Japan must enhance trade relations: APTMA
May '14
Pakistan and Japan must work towards signing a Free Trade Agreement (FTA) for enhancing bilateral trade relations between the two nations in various sectors, including textiles, said All Pakistan Textile Mills Association (APTMA) Punjab chairman SM Tanveer, during a recent visit of Japanese Ambassador to Pakistan Hiroshi Inomata to the APTMA office in Lahore.

The APTMA Punjab chairman expressed concern over the dwindling trade between the two countries and said that both the Governments must take the matter seriously, reports Business Recorder.

According to the APTMA official, Pakistan imports textile machinery from Japan and in order to continue importing, Pakistani textile entrepreneurs require visa facility from the country.

Mr. Tanveer briefed the Japanese Ambassador about the various initiatives taken up by APTMA in order to increase the textile exports from the country from US$ 13 billion to $26 billion by 2018, reaping benefits from the Generalized System of Preferences Plus (GSP+) status granted by the European Union.

On his part, the Japanese envoy said the two countries share extremely close bilateral trade relations, especially since Pakistan had helped Japan in its economic revival after World War II.

According to Mr. Inomata, the Japanese Government has been extending assistance to the country through various forums, such as the Japan International Cooperation Agency (JICA) and others.

Earlier this month, Pakistan’s Minister of Commerce Khurram Dastagir Khan informed APTMA members that the Government of Pakistan had initiated a dialogue with Japan regarding the FTA, which is likely to be signed soon.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: Raymond

Apparel/Garments | On 28th Jun 2017

Raymond plans to invest Rs 1,400 crore in Amravati plant

Raymond, Indian textiles and apparel major, has decided to invest Rs...

Textiles | On 28th Jun 2017

GST and textiles industry: Analysis and opinion

The Goods and Services Tax (GST) is at long last all set to be rolled ...

Textiles | On 28th Jun 2017

India probing dumping of polyester yarn by China

Indian government is probing anti-dumping allegations against a...

Interviews View All

Saket Garg
Garg Corporation

The biggest challenge is lack of skilled workforce and competition from...

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Rajiv Sirohi

‘Portugal is taking away a major share of the mill made sector.’

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Kai Poehler
Voith Paper GmbH & Co. KG

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

Kerem Durdag
Biovation II LLC

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

Pranav Mishra

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Robert Brunner

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

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:
July 2017

July 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