Home / Knowledge / News / Textiles / Pakistan urges Uzbekistan to explore textile ventures
Pakistan urges Uzbekistan to explore textile ventures
28
Dec '16
Pakistan has urged Uzbekistan to explore options for textile joint ventures in the country with an aim to open up new avenues in regional trade in both economies. Khurram Dastgir Khan, minister of commerce of Pakistan said that there is great trade potential between both nations and the current bilateral trade does not reflect the true potential.

An Uzbek delegation headed by Ulugbek Rozukulov, deputy prime minister of Uzbekistan, recently visited Pakistan and attended a meeting chaired by Khan, who said that the visit will be helpful in encouraging trade between the two nations.

The minister also listed certain reasons that affect trade expansion. These include lack of direct land routes, cargo links, marketing strategies and visa facilitation among others, according to Pakistani media reports. He added that both countries need to work together to tackle barriers and facilitate trade.

Khan invited Uzbekistan’s public and private sectors to organise exhibitions in commercial hubs like Karachi and Lahore to promote trade. The Trade Development Authority of Pakistan (TDAP) and ministry of economic affair and investment of Uzbekistan have already signed a memorandum of understanding to promote trade.

Rozukulov said that Uzbekistan will fully support Pakistan for promoting bilateral trade and also informed about Special Economic Zones in his country that offer zero tariffs. He added that Pakistani investors can benefit from these zones. (KD)

Fibre2Fashion News Desk – India


Must ReadView All

Top 15 US fashion brands are collectively worth $70 bn

Fashion | On 22nd Jul 2018

Top 15 US fashion brands are collectively worth $70 bn

The top 15 American fashion brands are collectively worth close to...

Courtesy: Covestro

Textiles | On 22nd Jul 2018

Covestro's new products for waterproof textile coating

Covestro, which is among the largest polymer companies, has unveiled...

Evogene, IMAmt to work together in insect resistance

Textiles | On 22nd Jul 2018

Evogene, IMAmt to work together in insect resistance

Evogene, a leading biotechnology company developing novel products...

Interviews View All

Sonia Agarwal
Whitenife

‘The terms eco-friendly and organic are common but everyone perceives them ...

Headhonchos
Indian textile value chain

Adopt innovative techniques, go for automisation rather than being...

Rahul Bhadani
Looksgud

Navigating through catalogues is a bit hasslesome

Mala Alwani

<div>Delhi-based fast fashion womenswear brand, Besiva, aims to bridge the ...

Himanshu Jariwala

J Korin started as a partnership firm with four powerlooms in the textiles ...

Harsh Shah

Fynd is the central online shopping destination for fashion, offering...

Eamonn Tighe
Nature Works LLC

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

Johan Berlin
InvestKonsult Sweden AB

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

Mark Paterson
Technical Absorbents Ltd

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

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Pranav Mishra
Huemn

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

Cigdem Akin
Cigdem Akin

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

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


July 2018

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

news category


Related Categories:

Advanced Search