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Chief negotiators to meet today to discuss India EU FTA’s way forward

Related Keywords: chief negotiators will be meeting today, discuss way forward, duty-free access to EU, India EU free trade agreement, make Indian exporters highly competitive, possibility of a trade pact between the two countries, post Brexit

India-EU free trade agreement (FTA) chief negotiators will be meeting on Friday to discuss the way forward. The meeting is important as it comes barely a week after Britain’s business minister Sajid Javid called on India’s commerce and industry minister Nirmala Sitharaman and discussed the possibility of a trade pact between the two countries, post-Brexit.

Chinese group acquired one fourth of Masood Textiles total shareholding

Related Keywords: better cotton prices, Chinese textile company, duty-free access to EU, local textile company, Masood Textile Mills, Shanghai Challenge Textile Company

Shanghai Challenge Textile Company, a Chinese company purchased 14.6 million shares of Faisalabad-based company Masood Textile Mills, which constitutes 24.3% shares roughly one fourth of the total shareholding in a privately negotiated deal. It is the first-of-its-kind deal in Pakistan in which a Chinese group has acquired a majority stake in a local textile company, members of the Karachi Stock Exchange (KSE) learned on Monday.

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