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Related Keywords: Central Asian states to enter Pakistan, collecting dust on Pak-Afghan border, facing supply crisis, instructed them to seek clearance, Karachi port, Ministry of National Food Security, over 150 trucks laden with cotton, Pakistan textile industry, refusing to issue permission, trucks containing cotton

With the Ministry of National Food Security refusing to issue permission to the trucks containing cotton from Central Asian states to enter Pakistan, and instead instructed them to seek clearance from the Karachi port. As a result Pakistan textile industry facing supply crisis as over 150 trucks laden with cotton collecting dust on Pak-Afghan border.

According to experts, the local textile industry already facing immense difficulty competing in the region can be hit hard by cotton supply crisis if this issue is not resolved.

Related Keywords: All Pakistan Textile Mills Association, competitive business environment, Pakistan textile industry, textile exports

The Pakistan textile industry in a way to leverage their exports is trying to focus on providing a competitive business environment as the All Pakistan Textile Mills Association (Aptma)general secretary Anis-ul-Haq emphasized on the same.

He highlighted that structural balance and viability of industry is essential to compete with the regional competitors, including India, Bangladesh and Vietnam. He said pragmatic and export-led policies are required for industrial growth and enhancing the country’s exports.

Related Keywords: arrange B2B meetings, collaborate with international buyers, garment manufacturers, granting domestic membership, IAF, importers and exporters of apparel sector, International Apparel Federation, leading brands, open first regional office, Pakistan textile industry, PRGMEA House in Sialkot, PRGMEA ink MoU with MODINT, see new avenues opening

The Pakistan textile industry to see new avenues opening for them to collaborate with international buyers and leading brands as the International Apparel Federation (IAF) is planning to open its first regional office at the Pakistan Readymade Garments Manufacturers and Exporters Assoication (PRGMEA) House in Sialkot.

PRGMEA Central Chairman Ijaz Khokhar said that the IAF will address major issues being faced by the textile industry of Pakistan and bring those issues to limelight, including compliance, gender training and exchanges of delegations.

Related Keywords: first two months of current fiscal year, increase by 5.9 percent, meet government export increment target, Pakistan Bureau of Statistics data, Pakistan textile industry, qualify for incentives, realized USD2.18 billion, sector geared up efforts, textile exports

Pakistan textile industry realized $2.18 billion from its exports in the first two months of the current fiscal year of 2017/18 compared to $2.06 billion in the corresponding period of the last fiscal year, according to Pakistan Bureau of Statistics (PBS) data. Textile exports increased 5.9 percent as the sector geared up efforts to meet government's exports increment target to qualify for incentives.

Related Keywords: advised to focus on value addition, Commerce Secretary Younis Dagha, compared to neighbouring countries, compete in the international market, cost of doing business is higher, decline in exports, effluent treatment plant, lack of value addition major reason, Pakistan Hosiery Manufacturers and Exporters Association, Pakistan textile industry

Pakistan textile industry has been advised to focus on value addition to compete in the international market as lack of value addition is one of the major reason behind the decline in exports, said Commerce Secretary Younis Dagha on Wednesday while addressing an event hosted by Pakistan Hosiery Manufacturers and Exporters Association.

According to Dagha, cost of doing business is higher in Pakistan compared to neighbouring countries, but it is not the only hurdle in exports as they have not played their role in value addition… industrial production remains lower.

Related Keywords: All Pakistan Textile Mills Association, avail duty free market access, Chinese investment invited for Joint Ventures, delegation of textile groups from Tianjin city of China, headed by Tianjin People’s Association for Friendship with Foreign Countries, Pakistan textile industry, under the GSP Plus facility, Vice President Chen Wieming

All Pakistan Textile Mills Association (Aptma) Aamir Fayyaz during his presentation to a delegation of textile groups from Tianjin city of China headed by Tianjin People’s Association for Friendship with Foreign Countries Vice President Chen Wieming. On the occasion Chinese investment were invited for Joint Ventures (JVs) in textile industry.

Related Keywords: government approves loans, Pakistan textile industry, textile sector growth

For the development of textile sector, Pakistan government has approved Rs 185 million under Export Development Fund (EDF)

The meeting of EDF was held under the chairmanship of secretary of Ministry of Textile Industry, which approved various development projects for promotion of textile sector and boost its exports.

Related Keywords: business meetings, collaboration with global industry leader Novozymes, highlight solution within sustainable biochemistry, organize seminars, Pakistan textile industry, reduce overall costs, Royal Danish Embassy, strengthen bilateral trade ties, textile mill visit, to make the industry more globally competitive, use innovative enzyme solutions

The Royal Danish Embassy, in collaboration with the global industry leader, Novozymes, is organizing a series of seminars, business meetings, and textile mill visits in Lahore, Faisalabad and Karachi this week to highlight the solution within sustainable biochemistry which will help make Pakistan textile industry more competition.

Related Keywords: All Pakistan Textile Mills Association, DLTL scheme, government declaring zero rated tax regime, levies, lose markets internationally, make exports costlier, Pakistan textile industry, presumptive taxes, regional competitors, substantial drop in textile exports, surcharges and cess, Textile exporters, various taxes

The Pakistan textile industry likely to lose markets internationally despite government declaring zero rated tax regime, because of various taxes, levies, presumptive taxes, surcharges and cess, makes the exports 10 to 15 percent costlier against the regional competitors.

Pakistan's exports have come down by 12 percent against over $13 billion last fiscal year due to the incidentals of various taxes, levies and surcharges.

Related Keywords: customs rebate, drawback on local taxes and levies, export oriented sectors, FBR, government to grant zero rating status, huge liquidity outstanding, PAF, Pakistan textile industry, RPOs, sales tax refund, value added garment sector

The Pakistan textile industry has been facing troubles due to huge liquidity outstanding in sales tax refund, customs rebate and drawback on local taxes and levies claims. In the wake of this downslide the value-added garment sector expect the Government to grant zero-rating status to five export-oriented sectors to boost the country’s exports.