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Pakistan to increase textile exports by $2 bn per annum under the new textile policy

Related Keywords: draft new textile policy, ECC for approval, federal minister for textile, GSP plus, new textile policy, Pakistan texile sector, related sector of textile, value added products

Pakistan’s textile sector alone has the potential to steer the country out of its financial crisis. Keeping this in view, Federal Minister for Textile and Industries Abbas Khan Afridi on Tuesday said that draft of the new textile policy (2014-19) would be ready in a few days and will be forward to the ECC of the Cabinet next week for approval.

He stressed the need for formulating a comprehensive and long-term policy, and said both the government and industry were committed to fully exploit the potential of all related sectors of textile.

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