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Related Keywords: enhancing bilateral trade between the two countries, Free trade agreement, FTA, held inAugust, holding eighth round of talks, Pakistan and Thailand, reach a final decision, request lists from both sides and offer lists, talks on the text of agreement, tariff reduction modalities

Pakistan and Thailand to reach a final decision on the Free Trade Agreement (FTA) will be holding its eighth round of talks which will be held from August 21 to 23. During the 8th round, talks would be held on the text of agreement, tariff reduction modalities, request lists from both sides and offer lists.

Both sides had exchanged the offer lists of items for free trade, including automobile and textile sectors for removing the reservations of the sectors, a senior official of the Ministry of Commerce said.

Related Keywords: cotton yarn, denim PET, enhancing bilateral trade, fabric and garments, Free trade agreement, FTA, major exports to Turkey, manmade textiles, Pakistan and Turke, Pakistan major imports from Turkey, reach the final agreement, seventh round of negotiations milestone, to be signed in mid August, towels

Pakistan and Turkey’s Free Trade Agreement (FTA) will be signed on August 14, for enhancing the bilateral trade between two countries. The seventh round of negotiations between the two countries on Free Trade Agreement (FTA) was milestone to reach the final agreement.

Secretary Ministry of Commerce Younas Dhaga led Pakistan’s delegation in negotiation on FTA between Pakistan and Turkey. Pakistan and Turkey discussed the specific sectors including textile sector during the negotiation, a senior official of Ministry of Commerce said.

Related Keywords: between Pakistan and Turkey, discuss specific sectors including textile sector, final agreement, Free trade agreement, FTA, held to finalize agreement by end of May, improve trade balance, Seventh round of negotiations, two sides would exchange provisional lists, upcoming round of dialogue

The seventh round of negotiations on Free Trade Agreement (FTA) to be held between Pakistan and Turkey to finalize the agreement by the end of May 2017. The two sides would exchange provisional lists for a final agreement in upcoming round of dialogue.

A senior official of the Ministry of Commerce said that during the negotiation, the two Countries would also discuss specific sectors including textile sector. Also the two sides would hold discussions on agreement on goods, services and investment.

Related Keywords: benefit for cotton yarns, Cotton Textiles Export Promotion Council, five percent reduction in corporate income tax, FTA, medium and small enterprises, MEIS, merchant exporters, relating to interest subvention, Texprocil, textile sector, urged government to reinstate some incentives, welcoming the Budget, will benefit a large number of MSMEs

The Cotton Textiles Export Promotion Council (TEXPROCIL) welcoming the Budget urged the government to reinstate some of the incentives relating to interest subvention for merchant exporters and cotton yarn and MEIS benefit for cotton yarns.

Related Keywords: American market, FTA, generate direct jobs, install two manufacturing lines, Ivorian capital by January, manufacture uniforms for Ivorian police and military, Moroccan textile company, Morocco industrial strategy, production of uniforms, SEFITA, textiles a priority, train local work force, won one million dollar contract

Morocco’s industrial strategy has made textiles a priority. SEFITA, Moroccan textile company plans to install two manufacturing lines in the Ivorian capital by January for the production of 12,000 uniforms a month and over 144,000 per year as it has won a $1 million contract to manufacture uniforms for Ivorian police and military.

Related Keywords: Association of Italian Textile Machinery Manufacturers, business development, Delegation of Italian businessmen, enhance trade and investment, exchange of technology and facilitate, FTA, Pakistan Readymade Garments Manufacturers and Exporters Association, Pakistan Readymade Technical Training Institute, sign MoU, visit Pakistan

A delegation of Italian businessmen including President Association of Italian Textile Machinery Manufacturers (ACMIT) to visit Pakistan from 4 to 7 December. The delegation during its stay will visit Lahore and Islamabad. This was disclosed by Ijaz A Khokhar, Central Chairman Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA).

Related Keywords: cheaper products to Turkish consumers, FTA, mutual benefit for both countries, negotiations on fast-track basis, Pakistan government, Pakistani textile products, revive textile economy, services and investment, special focus on goods, Turkey, Turkey levied heavy duties

The Pakistan government views Free Trade Agreement (FTA) with Turkey as the key to revive the textile economy. Currently, Turkey has levied heavy duties on Pakistani textile products and FTA would not be possible without lifting or easing the rates of duties by the Turkish government.

The introduction of FTA would be helpful in earning foreign exchange reserves from the export of textile as well as other such as fruits and vegetables. It will also facilitate the provision of comparatively cheaper products to Turkish consumers.

Related Keywords: API, during the slowdown of global eonomy, falling to compete with Vietnam, FTA, hit a low, hope for better future, IMF, Indonesian textile industry, many textile firms bankrupt, production costs spiral, sales dwindle, TPP

Indonesian textile industry is one of the many sectors that have hit a low during the slowdown of the global economy. As Indonesia is failing to compete with Vietnam, many textile firms in Indonesia are becoming bankrupt as production costs spiral and sales dwindle. But the industry still has hope for a better future.

Vietnam outshines Indonesia in this sector as they has already joined the Trans-Pacific Partnership (TPP) and completed negotiations for a free trade agreement (FTA) with the European Union. Indonesia, meanwhile, will not be joining the TTP for another two years.

Related Keywords: aim to boost bilateral trade, exporting those products having huge demand in Sri Lanka. Pakistan second largest trading partner of Sri Lanka, FTA, High Commission of Pakistan in Sri Lanka, host Pakistan single country exhibition, imports from Pakistan will be doubled, showcase best manufacturing capability of Pakistan, TDAP

The Trade Development Authority of Pakistan (TDAP) along with High Commission of Pakistan in Sri Lanka with an aim to boost bilateral trade between the two countries to host the Pakistan single-country exhibition (SCE) in Colombo from January 15-17, 2016.

Related Keywords: alongwith a delegation, deepening trade and investment ties, enhance business-to-business partnership, export of finished and made-up garments, FTA, ink MoUs, MoU between TDA of Pakistan and Sri Lankan EDB, organize a single-country trade show, Pakistan Prime Minister Nawaz Sharif, promote trade and exchange delegations, visit Sri Lanka

Pakistan Prime Minister Nawaz Sharif along with a delegation will be visiting Sri Lanka next week where the two countries, Pakistan and Sri Lanka are expected to ink two MoUs for deepening trade and investment ties.

First agreement will be between the Trade Development Authority of Pakistan and the Sri Lankan Export Development Board in a bid to promote trade and exchange delegations between the two sides, a senior official in the Ministry of Commerce said.