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Related Keywords: bilateral trade, coming years, CPEC, European bloc, Honorary Consul General of Pakistan for Finland Wille Eerola, huge influx of Chinese investment, Nordic companies, Nordic Pakistan Business Summit, Pakistan full of opportunities, Pakistani textile sector, remain biggest export market, South Asian nation

The European bloc likely to remain the biggest export market for Pakistan’s textile sector in coming years despite a huge influx of Chinese investment in the South Asian nation was emphasized by Honorary Consul General of Pakistan for Finland Wille Eerola.

However, Pakistan textile lobbies should be aware that China itself was a big exporter of raw textile products and should also focus on other export products to increase its share in the European market and reduce dependence on textiles.

Related Keywords: agriculture products, bilateral trade, collaboration with the Ministry of Industry, Commerce and Tourism of Kingdom of Bahrain, constitute Pakistan Bahrain Business Council, focus on investment opportunities, hold first Pakistan Bahrain Business Opportunities Conference, includes Textile, Pakistan

Pakistan in collaboration with the Ministry of Industry, Commerce and Tourism of Kingdom of Bahrain to hold first Pakistan-Bahrain Business Opportunities Conference later this year The conference will focus on investment opportunities in various field which includes textile, agriculture products also.

Related Keywords: bilateral trade, initiate business interaction, large audience of members of Kazakh Chambers and businessmen, largely appreciated by visiting participants, opens at Almaty Kazakhstan, Pakistan Trade Caravan, revive ancient trade legacy, TDAP, textile companies displayed products

In order to increase interaction between people and trust between businessmen of two countries, Pakistan and Kazakhstan, Trade Development Authority of Pakistan (TDAP) initiated the concept of Pakistan Trade Caravan, which opened at Almaty Kazakhstan on Friday which was largely appreciated by visiting participants.

Some 45 companies in textile, agro foods, herbal, pharmaceutical and handicrafts displayed their products to a large audience of members of Kazakh Chambers and businessmen.

Related Keywords: Ambassador of the Kingdom of Thailand, bilateral trade, called on Suchart Leingsaengthong, delegation of ICCI, great potential to offer, improve connectivity between private sectors, increase import of textiles products from Pakistan, making efforts to sign a FTA, Pak Thai trade relation, Pakistani textiles very popular in Thailand

As Thailand considers Pakistan an important country for strengthening economic cooperation as both countries has great potential to offer a lot to each other. A delegation of Islamabad Chamber of Commerce and Industry, led by its president Atif Ikram Sheikh, called on Suchart Leingsaengthong, Ambassador of the Kingdom of Thailand, and discussed various options for further enhancing trade relations between the two countries.

Related Keywords: biggest trading parnter, bilateral trade, DCFTA, EU-Tunisia Association Agreement, improve access to European markets, looking for talks on new deal with EU, number two supplier for the French market, opportunity to boost trade with Pakistan, textile and clothing exports, Tunisia, Tunisia fifth-largest apparel supplier to Europe

Tunisia that already ranks as the fifth-largest apparel supplier to Europe and the number two supplier for the French market, according to Tunisia's Foreign Investment Promotion Agency with textile and apparel exports totaled TD6.5bn (€2.9bn) in 2014 is now looking for talks on a new deal with the EU, its biggest trading partner, to pave the way for improved access to European markets, while opportunities to boost trade with Pakistan are also showing signs of promise as impact of global economic situation weighing on trading volumes.

Related Keywords: achieve better production of textiles, achieved through modern mechanization, bilateral trade, business to business contacts, considering to further decrease import duties on machinery, establish post harvest processing units, Federal Minister for National Food Security and Research, meeting with Italian business delegation

Federal Minister for National Food Security and Research Sikandar Hayat Khan Bosan, during his meeting an Italian business delegation on Wednesday, said that to achieve better production, duties had already been brought down from 43 percent to 9 percent.

However, Pakistan is considering to further decrease import duties on machinery in order to improve production of textiles and other leather apparels.

Related Keywords: Ambassador of Romania, bilateral trade, Emilian Ion, exchange of trade delegations and other such initiatives, improve trade balance, offers excellent opportunities, Pakistan huge market, PTEA meeting, Romanian businessmen, strengthen ties by holding business to business meetings, textile sector, untapped potential

Pakistan is a huge market which offers excellent opportunities to Romanian businessmen in various sectors of the economy particularly the textile sector, said Ambassador of Romania, Emilian Ion while speaking at a meeting during his visit to Pakistan Textile Exporters Association (PTEA).

According to him, although trade volume between Pakistan and Romania has been improving with balance of trade in favour of Romania but this volume was not depicting the real potential and can be improved further as huge potential to enhance trade exists between the two countries.

Related Keywords: bilateral trade, fourth largest textile exporter, Free trade agreemens, key to impressive growth, meet export target, tariff cut, Trans-Pacific Partnership, Vietnam, Vietnama National Textile and Garment Group, Vinatex

Vietnam becomes the world’s fourth largest textile exporter having earned an estimated US$12.18 billion in the first half of this year from these products – a year on year (YOY) increase of 10.26 percent. The industry is well on its way to meet its export target of US$27-27.5 billion set for 2015, according to the Vietnam National Textile and Garment Group (Vinatex),

Related Keywords: affected local firms, apply for five years, bilateral trade, extended higher levies, file complaint with WTO, impact producers from China and India, Indonesian Textile Association, Indonesian yarn of man made staple fibers, major textile manufacturers, over antidumping measures of Turkey, PT Indorama, PTA, Sirtex, Trade authority of Turkey

Trade authority of Turkey last week extended higher levies on Indonesian yarn of man-made staple fibers, which are to apply for five years following a recent review. The duties, ranging from 25 cents to 40 cents for each kilogram of yarn, have affected more than 20 local firms, including major textile manufacturers PT Indorama and PT Sri Rejeki Isman (Sritex).

Besides Indonesia, the expanded tariffs, particularly at higher levels, are likely to impact other producers, including China and India.

Related Keywords: between Afghan and Pakistan, bilateral trade, joint venture, major trading partner of Pakistan, moved from informal to formal sector, SAARC and OIC members, top exporting market, untapped natural resources

Afghanistan is one of the major trading partners of Pakistan and has been top exporting market for Pakistani products since ages. The bilateral trade between Afghanistan and Pakistan is likely to touch $5 billion in 2014-15.

Afghanistan is the fourth largest export market for Pakistan after United States, European Union and China. In recent years, trade with Afghanistan has moved from informal to formal sector. In 2000-01, the formal exports to Afghanistan stood at $140 million that grew after a decade to $2.33 billion in 2010-11.