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South Africa, major export destination for Pakistani textiles
25
Jul '09
Pakistani textiles have vast market in South Africa and a visit of the special South African buying mission of importers to Pakistan is a beginning to the blooming trade relations among two countries, said Dr. M.H. Perel, leader of the buying mission.

He stated this while addressing the members of the Pakistan Textile Exporters Association. He said that this effort would prove to be helpful in promoting trade activities, as direct trade in B2B pattern would cut the usual procedural hassles and export orders could be finalized immediately.

Match making meetings held earlier between mission members and Pakistani exporters was satisfactory, said the leader adding that the South African buying mission was interested in the whole range of textile products from Pakistan such as Yarn, Fabric, Upholstery, Made Ups and Garments.

The delegation comprised the textile manufacturers, importers and exporters from South Africa. This delegation will visit Pakistani textile exporter's units and would have detailed discussion with them, added the leader hoping that this visit would prove to be helpful towards establishing strong business relations among both countries.

Chairman, PTEA, Mr. Muhammad Yusaf briefed the delegation about industrial, business and export potential of Faisalabad along with the core functions of the Pakistan Textile Exporters Association. With an annual inflow of $4 billion foreign exchange through textile exports, PTEA is contributing a lot to the economic development of the country.

Import duties and other taxes in South Africa are completely local need based as it is not the signatory of WTO, informed Dr. Perel. There is no levy of anti dumping duty on Pakistani textile products and nor has any other duty been imposed specifically for Pakistan products, since it is the same for all countries, he added.

Fibre2fashion News Desk - India


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