Home / Knowledge / News / Textiles / Pakistan, Tajikistan sign MoU on collaboration in textiles
Pakistan, Tajikistan sign MoU on collaboration in textiles
19
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

Courtesy: Aditya Birla

Textiles | On 20th Jun 2018

'Growth of VSF yarn industry is difficult'

Growth for the viscose filament yarn (VSF) yarn industry is...

Comfort USP of Sensitive Fabrics range of Eurojersey Spa

Apparel/Garments | On 20th Jun 2018

Comfort USP of Sensitive Fabrics range of Eurojersey Spa

Italian company Eurojersey Spa will present in 2019 new embossing...

Certification for Philippine garment firms availing GSP

Textiles | On 20th Jun 2018

Certification for Philippine garment firms availing GSP

The Philippines has adopted rules on securing certificate of...

Interviews View All

Top executives
Textile & apparel bodies

The decision to reduce GST on MMF yarn to 12% is transformational

Amrit Sethia
SOIE

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

Viral Desai
Zenitex Mill Pvt Ltd

Full of green energy

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Rajat Jaipuria

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

Nitesh Mittal

Kusumgar Corporates is a leading manufacturer of technical textiles and...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Johan Berlin
InvestKonsult Sweden AB

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

Kai Poehler
Voith Paper GmbH & Co. KG

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

Anisha Chaudhari
Threads & Shirts

Threads &amp; Shirts is a freshly-tailored concept providing men/women a...

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


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