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Related Keywords: Afghanistan fast emerging market of textiles, banking system not solid, boosting direct export of polyester fabrics, delegation from Afghanistan, Indian exporters, jointly signed MoU, madeups, MMF hub in Surat, negligible direct trade of textiles, sell through third countries, SGCCI, SRTEPC, working out trade facilitation programme

Afghanistan is a fast emerging market of textiles and currently Indian exporters have negligible direct trade of textiles with Afghanistan which they sell to this market through third countries. Synthetic and Rayon Textile Export Promotion Council (SRTEPC), apex body of Indian textile industry and Southern Gujarat Chamber of Commerce and Industry (SGCCI) have jointly signed a memorandum of understanding (MoU) with a delegation from Afghanistan for boosting direct export of polyester fabrics and made-ups from India, especially from MMF hub in Surat to Afghanistan.

Related Keywords: bedwear, cotton cloth, energy shortage, GSP Plus scheme, lack of working capital, madeups, Pakistan textile export, plunge in december, PTEA, towels, value added items

Pakistan textile exports witnessed plunge of 6.38 percent in December 2014 despite the availability of GSP Plus scheme. The major factors behind the substantial drop in exports are energy shortage and lack of working capital.

According to the Pakistan Textile Exporters Association (PTEA) details, the country exported textile goods worth $1.175 billion in December against exports of $1.255 billion in the same month of previous year.

Value-added items also recorded a negative growth as cotton cloth exports declined by 13.62%, bed wear 11.54%, towels 11.39% and made-ups 10.04%.