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Pakistan can become top importer of fabrics from Surat
18 Apr '12
2 min read
The negative list prepared by Pakistan includes synthetic fabrics, and removing them from the list could make Pakistan the top importer of man-made fabrics from Surat in the next couple of years.
This was concluded at a meeting between K Younus Muhammad Bashir, Senior Vice-President of Karachi Chamber of Commerce and Industry (KCCI) and representatives of Southern Gujarat Chamber of Commerce and Industry (SGCCI).
Arun Jariwala, Chairman of Federation of Indian Art Silk Weaving Industry (FIASWI), who was present at the meeting, said Rs. 7 billion worth of man-made fabrics, including sarees and dress materials, from Surat reach Pakistan through indirect routes every year.
He said the synthetic fabrics are routed through Dubai and Jalalabad in Afghanistan to reach Karachi and other major Pakistani cities.
He added that around US$ 5 million worth of synthetic fabrics are exported from Surat to Dubai each year and about 90 percent of these items are meant for re-exporting to Pakistan.
For sarees and dress materials, Pakistani women have a taste similar to north Indian women and hence, removing synthetic fabrics from negative list by the Pakistan Government would increase bilateral trade between Surat and Karachi, Mr. Jariwala said.
In response, Mr. Bashir said KCCI will urge Federal Government to remove synthetic fabrics from the list of items that cannot be imported from India.
This was concluded at a meeting between K Younus Muhammad Bashir, Senior Vice-President of Karachi Chamber of Commerce and Industry (KCCI) and representatives of Southern Gujarat Chamber of Commerce and Industry (SGCCI).
Arun Jariwala, Chairman of Federation of Indian Art Silk Weaving Industry (FIASWI), who was present at the meeting, said Rs. 7 billion worth of man-made fabrics, including sarees and dress materials, from Surat reach Pakistan through indirect routes every year.
He said the synthetic fabrics are routed through Dubai and Jalalabad in Afghanistan to reach Karachi and other major Pakistani cities.
He added that around US$ 5 million worth of synthetic fabrics are exported from Surat to Dubai each year and about 90 percent of these items are meant for re-exporting to Pakistan.
For sarees and dress materials, Pakistani women have a taste similar to north Indian women and hence, removing synthetic fabrics from negative list by the Pakistan Government would increase bilateral trade between Surat and Karachi, Mr. Jariwala said.
In response, Mr. Bashir said KCCI will urge Federal Government to remove synthetic fabrics from the list of items that cannot be imported from India.
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