Home / Knowledge / News / Textiles / Pakistan, Tajikistan sign MoU on collaboration in textiles
Pakistan, Tajikistan sign MoU on collaboration in textiles
Jun '14
courtesy: PID
courtesy: PID
The Governments of Pakistan and Tajikistan have signed a memorandum of understanding (MoU) on collaboration in Textiles Development, during the visit of Pakistan Prime Minister Nawaz Sharif to the Central Asian nation.
The MoU was signed by Pakistan’s Minister of Textile Industry Abbas Khan Afridi and Tajikistan’s Minister of Industries and New Technologies, in presence of Prime Minister Sharif and Tajik President Emomali Rahmon Sharipovich at Dushanbe.
As per the MoU, both the nations would exchange information on cotton, organize training programmes, exchange visits of experts and trade delegations, and establish joint enterprises.
The MoU also mentions that the National Textile University Faisalabad and Tajik Technological University would facilitate research in fibre development and textile related technologies.
In addition, seminars, trade fairs and exhibitions would be organized on a regular basis to enhance trade between the two countries, according to the MoU.
During the visit, Prime Minister Sharif and President Rahmon agreed to set a target of expanding bilateral trade to US$ 500 million over the next three years, and to work for a Preferential Trade Agreement (PTA). The leaders also agreed to reinforce economic cooperation through existing and new institutional frameworks. 
The two sides highlighted the significant opportunities existing for mutual investment and agreed to take steps, through their respective investment promotion institutions, to ensure a favorable environment for investors from both countries. 
It was also agreed to establish a Joint Business Council (JBC) to intensify collaboration between the private sectors of the two countries.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 27th Jun 2017

Govt defers tax deduction at source provision under GST

E-commerce players in India will not be required to deduct tax on...

Apparel/Garments | On 27th Jun 2017

Future Group aims Rs 12,000 crore in fashion business

Future Group, which runs retail stores across India under various...

Textiles | On 27th Jun 2017

AEPC & NSDL to help exporters with GST compliances

Apparel Export Promotion Council (AEPC) and National Securities...

Interviews View All

Anshul Sood

‘Indian footwear market is nascent and largely a trend follower’

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Veronique Lee

‘Sustainable fashion is trending upwards, slowly but surely, as people...

Kevin Nelson

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

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