Related Keywords: China textiles, Pakistan textile sector, Shandong Ruyi Group
Chinese top textile conglomerate Shandong Ruyi Group is ready to take over major share of a Pakistan’s textile enterprise Masood Textile Mills (MTM), one of the most technologically advanced enterprises next week as Pakistan gets the GSP-plus status which will allow almost 20 per cent of Pakistan exports to enter the EU market at zero tariff and 70 per cent at preferential rates.
