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Related Keywords: APTMA, bridge the gap between production and consumption, cotton production is expected to be insufficient, import of cotton bales, largest raw cotton exporter, meet local demand, Pakistan, raw cotton, to foot a bill of around billion

Pakistan, one of the largest raw cotton exporter to bridge the gap between the production and consumption of raw cotton will have to foot a bill of around $1.58 billion for the import of 4.5 million bales (170kg each) as cotton production is expected to be around 10.54m bales in 2016-17.

Pakistan has been an importer for the last two years. Last year, Pakistan imported around 2.7m bales from India at a cost of $800m. With cotton production clocking up at 15m bales in 2014-15 and 9.5m bales in 2015-16.

Related Keywords: achieve approximately thirteen million bales of cotton, coming season, cotton production, drain their fields properly, Federal textile board, help recover cotton losses, large number of farmers trained, Pakistan, Pink bollworm largely been controlled, suggestions for improvements in policies

Pakistan likely to achieve approximately 13 million bales of cotton production in the coming season that will help recover its cotton losses from last year. This was informed at the fourth meeting of Federal Textile Board (FTB) chaired by Federal Minister for Commerce Khurram Dastgir Khan held on Monday.

The stakeholders were informed by Pakistan Cotton Ginners Association (PCGA) and Cotton Commissioner that through close coordination between federal government and government of Punjab the Pink bollworm, which had damaged the cotton crop last year, had largely been controlled.

Related Keywords: agriculture products, bilateral trade, collaboration with the Ministry of Industry, Commerce and Tourism of Kingdom of Bahrain, constitute Pakistan Bahrain Business Council, focus on investment opportunities, hold first Pakistan Bahrain Business Opportunities Conference, includes Textile, Pakistan

Pakistan in collaboration with the Ministry of Industry, Commerce and Tourism of Kingdom of Bahrain to hold first Pakistan-Bahrain Business Opportunities Conference later this year The conference will focus on investment opportunities in various field which includes textile, agriculture products also.

Related Keywords: cotton imports to remain near record-high levels, crop failure, import requirement rising, local consumption rising, Pakistan, production stagnant, supply crunch in Pakistan, trim area under the cotton crop, worlds fourth-biggest producer

As erratic weather forces farmers in Pakistan, the world's fourth-biggest producer to trim area under the cotton crop, cotton imports are expected to remain near record-high levels in the year to July 2017, industry officials said. A supply crunch in Pakistan, at a time when back-to-back droughts have taken a toll on output at top producer India, could boost global cotton prices from their current near 11-month highs. The two countries have already taken turns this year to buy from each other to fill shortages at home.

Related Keywords: analyses of trade data available, broaden the trading opportunities for Pakistani businessmen, Commerce Ministry, expand and remodel to international standards, help provide clear guidelines to policymakers, Pakistan, signatory to FTAs, through multiple means of stake-holders' consultations, to review all trade pacts

Pakistan is a signatory to Free Trade Agreements with China, Sri Lanka and Malaysia and Preferential Trade Agreements with Iran, Indonesia and Mauritius. The Minister for Commerce, Engr. Khurram Dastgir Khan after chairing a high-level meeting in the Ministry of Commerce has decided to begin a thorough review of all the trade pacts through which Pakistan conducts its trade on preferable terms with other countries on a bilateral basis.

Related Keywords: boost trade volume, enhance bilateral cooperation, explore non tradition avenues, opportunity to explore Ukrainian market, Pakistan, Pakistani businessmen, process of signing agreements, provide level playing field to investors, textile and handicrafts, Ukraine

Ukrainian Ambassador to Pakistan Volodymyr Lakomov on Sunday said that Ukraine was in the process of signing about a dozen agreements with Pakistan thereby providing a level playing field to the investors from both the sides, besides enhancing science and technologies, education, cultural and trade relations.

The current trade volume between the two countries was $500 million and steps were in hand to enhance the same. Pakistan and Ukraine can easily boost their existing trade volume to new heights by exploring non-traditional avenues.

Related Keywords: apparel and clothing accessories, cotton, includes textile yarn, machinery, Pakistan, Pakistan mainly imports textile, sign free trade agreement framework, tap massive potential of bolstering trade, Turkey, Turkey import from Pakistan, urkish Ambassador to Pakistan Sadik Babur Girgin, woven fabrics

Pakistan and Turkey to tap the massive potential of bolstering trade between the two countries will sign a free trade agreement framework on Tuesday, said Turkish Ambassador to Pakistan Sadik Babur Girgin on Friday.

The current trade between the two countries stands at $600 million, but after signing the agreement it has the potential to touch $2 billion mark. The current balance of trade is in favour of Pakistan.

Turkish Economy Minister will visit Islamabad to sign the agreement between the two countries, which have very close cooperation in diverse fields.

Related Keywords: Ambassador of Cuba to Pakistan, Cuba, exchange trade delegations, expanding bilateral trade, fabrics, first interaction with business community, Gabriel Teil Capote, good potential, Islamabad Chamber of Commerce, keen to enhance trade relation, Pakistan, Pakistan could export textiles, participate in fair, promote mutual cooperation

Ambassador of Cuba to Pakistan Gabriel Tiel Capote during his first interaction with business community at the Islamabad Chamber of Commerce and Industry on Wednesday said that the two country Pakistan and Cuba have good potential to promote mutual cooperation in many areas and that his country was keen to enhance trade relations with Pakistan.

The envoy said Pakistan could export textiles, fabrics, rice, surgical instruments, leather and sports goods to Cuba while Cuba could export its biotechnological and pharmaceutical products to Pakistan.

Related Keywords: Al Karam Textiles, biggest players in the market, fashion, fashion deigners. lawn season, international recognition for lawn fabrics., Lawn export, lawn fabrics, Pakistan, Pakistan textile exports, preferred outfit for women, Sapphire fashion, shalwar suit

The “lawn season” is about to begin. Lawn is the name Pakistanis use to refer to the brightly coloured cotton fabric sold in stitched and unstitched form in a myriad of hues to an eager set of buyers who will sometimes go to great lengths to get their favourite suit pieces. More than a hundred fashion houses, big and small are getting ready to unveil their summer collections of “lawn” to an eager clientele ranging from housewives and working women, to teenagers and schoolgirls. Every year the competition gets more intense and the demand for the product rises correspondingly.

Related Keywords: Bangladesh and Vietnam, competitiveness of cotton, cotton consumption of China, exporting around USD thirteen billion, fall in cotton consumption, forcast five percent down, ICAC, low value added textile produt exporters, non-cotton producing countries, Pakistan, textile products, twelve percent, value addition over four time higher

Pakistan likely to see a fall in cotton consumption to 2.2 million tons, a decline by 12 percent this year, by consuming 2.2 million tons of cotton it would be exporting around $13 billion of textile products. This was revealed in the monthly cotton update by the International Cotton Advisory Committee (ICAC).