Home / Knowledge / News / Textiles / PRGMEA, CCCT to promote textile trade
PRGMEA, CCCT to promote textile trade
06
Jul '17
The Pakistan Readymade Garments Manufacturers & Exporters Association (PRGMEA) and China Chamber of Commerce for Import and Export of Textile and Apparel (CCCT) will promote trade between textile and apparel companies in Pakistan and China. The two organisations had signed a memorandum of understanding (MoU) to this effect back in March 2016.

The delegation of CCCT led by Wang Vu, vice chairman of the association, visited Pakistan to discuss the implementation of the MoU. The decision to promote trade between the two nations was taken at a meeting held between the two organisations in the presence of commerce minister Khurram Dastgir and Board of Investment (BOI) chairman Dr Miftah Ismail.

Dastgir briefed the Chinese delegation about the garment and textile sector of Pakistan and urged them to invest in various sectors in Pakistan for mutual benefit.

Ismail said that Pakistan provides a level-playing field to local as well as foreign investors and all sectors are open to investment.

The meeting between PRGMEA and CCCT will help build mutually beneficial dimensions, said Jiaz Khokhar, PRGMEA Central chairman. He said that this is the first of its kind agreement for the Pakistan garment sector association with overseas stakeholders.

Vu said that Pakistan, one of the top 5 cotton producers in the world has growth potential for value-added garments and apparel sector. As per the MoU, CCCT cooperated with the Ecommerce Gateway from Pakistan and was the co-organiser of Textile Asia and CFT Asia in China. (KD)

Fibre2Fashion News Desk – India


Must ReadView All

Pakistan’s FBR imposes 5% sales tax on cotton import

Textiles | On 21st Jul 2018

Pakistan’s FBR imposes 5% sales tax on cotton import

Pakistan’s Federal Board of Revenue recently withdrew sales tax...

Bangladesh drafts policy for Tk1,000 cr govt jute fund

Textiles | On 21st Jul 2018

Bangladesh drafts policy for Tk1,000 cr govt jute fund

Bangladesh will set up a Tk10,000-crore Jute Sector Development Fund...

Ahmad A. Al Sa’adi and Kwon Pyung-Oh display a comprehensive Memorandum of Understanding; Courtesy: Saudi Aramco

Textiles | On 21st Jul 2018

Saudi Aramco, KOTRA sign MoU for business cooperation

Saudi Aramco has signed an MoU with the Korea Trade-Investment...

Interviews View All

Hannah Lane
Redress

Encouragement from brands will motivate supply chains to become more...

Veronique Lee
Modavanti

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

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Manoj Sorathiya

Surat-based Sunrise Imports & Exports Co is a manufacturer and...

Harsh Shah

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

Urmil Arya

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

Steve Cole
Xerium Technologies

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

Eamonn Tighe
Nature Works LLC

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

Silke Brand-Kirsch
Schlegel und Partner

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

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Adriano Goldschmied
AG Jeans

The hype around 'designer jeans' was created by him. And the new wave of...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, 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


July 2018

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

news category


Related Categories:

Advanced Search