Home / Knowledge / News / Textiles / Pakistan seeks deal with Japan to boost textile exports

Pakistan seeks deal with Japan to boost textile exports

19
Jul '12
Prior to entering into a bilateral trade treaty with Japan, Pakistan has asked Japan to extend a concessionary package to help it boost its textile and garment exports to Japan.
 
The demand was made during the Pakistan-Japan Business Roundtable, held to discuss specific trade and investment related issues.
 
Pakistan Commerce Minister Makhdoom Amin Fahim, who led the Roundtable along with Hiroshi Oe, Japanese Ambassador in Pakistan, said the trade volume between the two countries, which presently stands at about US$ 2 billion, is much below their actual potential. 
 
He noted that Pakistani textile exports to Japan suffer due to absence of any bilateral trade agreement between the two nations. 
 
Mr. Fahim expressed optimism that the Roundtable would prove to be a major step towards conclusion of Free Trade Agreement (FTA) and Preferential Trade Agreement (FTA) between the two countries.
 
Meanwhile, articulating interest in exporting items from Pakistan to India, the Japanese delegation sought Pakistan’s help in reducing non-tariff barriers on Indian side.
 
Pakistan has already invited Japan to establish a Special Economic Zone and Textile City in the country, and the meeting also discussed prospects of these projects.
 

Fibre2fashion News Desk - India


Must ReadView All

Pic: Shutterstock

Apparel/Garments | On 22nd Jan 2021

Bangladesh apparel exports decline 2.99% in H1 FY21

Readymade garment exports from Bangladesh declined by 2.99 per cent...

Pic: PRNewsfoto/Goat Group

E-commerce | On 22nd Jan 2021

Groupe Artemis makes strategic investment in Goat Group

Goat Group, the global platform for the greatest products from the...

Pic: Citi Trends

Retail | On 21st Jan 2021

Citi Trends to open 100 new stores by fiscal 2023-end

Citi Trends, Inc, a US-based value-priced retailer of fashion...

Interviews View All

Sunil Kumar Sharma, Loknayak JPNSSSG Ltd

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

'The blend of cotton–linen yarn has high demand in the domestic and...

Sonia Agarwal, Whitenife

Sonia Agarwal
Whitenife

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

Top executives, Machinery Company

Top executives
Machinery Company

We will promote latest technologies at ITMA Barcelona

Riddhi Jain,

Riddhi Jain

Conceived in Europe and curated in New Delhi, NeceSera is a...

Rajat Jaipuria,

Rajat Jaipuria

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

Bora Akris,

Bora Akris

Realkom, headquartered in Istanbul, is a fully integrated textile company...

Ashok Desai, Bombay Textile Research Association

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Georg Reinhold, Trützschler  Nonwovens & Man-Made Fibers

Georg Reinhold
Trützschler Nonwovens & Man-Made Fibers

Trützschler Nonwovens & Man-Made Fibers, a part of the Trützschler Group,...

Madison Maxey, Loomia

Madison Maxey
Loomia

Loomia designs and manufactures soft circuit systems that can be produced...

Vaanee Bhatia, Gritstones Clothing

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

Ritu Kumar, Label Ritu Kumar

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Rupa Sood and Sharan Apparao, Nayaab

Rupa Sood and Sharan Apparao
Nayaab

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

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


January 2021

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


Advanced Search