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Pakistani minister committed to revive textile sector

01 Nov '17
1 min read

Pakistan’s commerce and textile minister Muhammad Pervaiz Malik recently informed the senate standing committee on commerce and textile industry of his resolve to revive the textile sector through the PKR 162-billion trade enhancement package announced by the former prime minister. The committee meeting was chaired by senator Syed Shibli Faraz.

After the execution of trade enhancement package, the ‘zero rating’ for textile sector would be introduced, senior commerce ministry officials told the committee, according to a Pakistani news agency report.

About Rs. 946 million was allocated under the Public Sector Development Program 2017-18 for three textile projects, the committee was informed. (DS)

Fibre2Fashion News Desk – India

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