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Related Keywords: burdened due to high tariff, cost of making garments, enhance exports, exports in form of finished products, finished textile goods are the only viable solution, Pakistan is almost double, PRGMEA, recommends zero rated regime, utilize raw materials

In order to enhance exports, the Pakistan Readymade Garments Manufacturers and Exporters Association (Prgmea) recommends announcement of zero-rated regime by the prime minister; release of stuck up refund payments against sales tax, duty drawback and drawback on local taxes and levies (DLTL); No payment no refund system; tariff of electricity, gas and water for export sectors should be brought down; and incentives on exports as per the competitors countries.

According to the association, finished textile goods are the only viable solution to boost the country’s exports.

Related Keywords: cannot achieve without reducing cost of production, cotton bales, Cotton market, export target, ginners have only two million bales of unsold stock, official spot rate up, on dwindling stock, PRGMEA, ready business, witnessed fresh buying interest by spinners and mills

Cotton market witnessed fresh buying interest by spinners and mills on Tuesday as the ginners have only two million bales of unsold stock, dealers said. In the ready business, around 5000 bales of cotton changed hands between Rs 4200-5800.

However, the official spot rate was down by Rs 50 to Rs 5,600 while in the Punjab, prices showed no change at Rs 3100 and Rs 3400, dealers said.

Related Keywords: arrange factory visits for the Chinese delegation, China Chamber of COmmerce for Import and Export of textile and apparel, eleven meber Chinese delegation, meetings with members, MOU signed between PRGMEA and CCCT, PRGMEA, promote and expand cooperation between Pakistan and Chinese textile and apparel companies, Texpo Fair, to be hed in Pakistan

The Texpo Fair which is scheduled be held from 7 to 10 April in Pakistan, a eleven member Chinese delegation of China Chamber of Commerce for Import and Export of Textile and Apparel will be attending, said Chief Co-ordinator Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) Ijaz A. Khokhar .

Related Keywords: attended by major apparel associations, CCCT, China Asia Textile Forum, Chinese companies will establish units, CPEC Economic zones, expand cooperation between Pakistan and Chinese textile and apparel companies, leading Chinese garment companies, PRGMEA, sign MoU, strengthening mutual trade of garment and textile, through joint ventures

It is the first time that a Pakistani garment sector body signed an agreement with the overseas stakeholders for strengthening mutual trade of garment and textile. Pakistan Readymade Garments Manufacturers & Exporters Association (PRGMEA) and China Chamber of Commerce for Import and Export of Textile and Apparel (CCCT) have entered into a Memorandum of Understanding (MoU) to promote and expand cooperation between Pakistan and Chinese textile and apparel companies.

As per the MoU, PRGMEA will provide visa assistance to Chinese companies through invitation letters.

Related Keywords: biggest fair of textile, chemical and allied services, digital printing machineries, display products at seven hundred booths, embroidery, Fifth Textile Asia International Textile and Garments Machinery Trade Fair, garment, increase export of value-added textile and garments, international brands, large number of foreign delegates, PRGMEA

A three-day 15th Textile Asia-International Textile & Garments Machinery Trade Fair is schedule to begin on Wednesday March 9th, 2016. The event is described as the country's biggest fair of textile, garment, embroidery, digital printing machineries and chemical and allied services.

Related Keywords: alude added textile industry, claiming to actively working on a new scheme, committed by finance minister, export has declined by twenty percent, issue bonds for exporters, pending refunds to the taxpayers particularly exporters, PRGMEA, textile industry stakeholders, urge PM to announce, with immediate effect, zero rated regime

The textile industry stakeholders has urged the PM to announce zero rated regime for value added textile industry with immediate effect rather than from July 2016 and issue the bonds for exporters committed by the finance minister with any further delay. They hope the governement will fulfill its commitment this time on time to restore the confidence of the exporters because every passing day is crucial for the industry at a time when export has declined by 20 percent so far.

Related Keywords: accessories, allied services, ecoomerce gateway Pakistan, focus on immense buying and selling potential of textile and garment machinery, inaugurated by Federal Minister for Commerce, Khuram Dastgir, latest garment technology at door step, organized in collaboration, PRGMEA, raw material supplies, Textile Asia Trade Fair, under one roof

The 15th International Textile Asia Trade Fair to be held in Karachi will be inaugurated by Federal Minister for Commerce Engr. Khurram Dastgir Khan. The Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) is organizing this mega textile trade fair in collaboration with Ecommerce Gateway Pakistan.

More than 65,000 trade and corporate visitors are expected to visit the textile trade fair during three days.

Related Keywords: biggest Business to Business fair, digital printing machinery and chemical and allied services, display international brand, Ecommerce Gateway, embroidery, Fifteen Textile Asia, focus on buying and selling potential, garment, organized in collaboration with, PRGMEA, Textile, textile industry of Pakistan.

The 15th Textile Asia 2016 International Textile and Garment Machinery Trade Fair incorporating clothing, Fabric and Textile Asia organized in collaboration with the Ecommerce Gateway (Pvt) Ltd to be held in Karachi.

Shaikh Mohammad Shafiq, chairman of Pakistan Readymade Garments Manufacturers and Exporters Association (Prgmea) announced the schedule for the fair on Wednesday.

The Textile Asia has been termed as the country’s biggest B2B fair on textile, garment, embroidery, digital printing machinery and chemical and allied services.

Related Keywords: APTMA, local textile industry, oppose banning import of textile raw material, PRGMEA, readymade garments, textile industry produces only denim, unable to produce raw materials, value added textile industry association, zero-rate regime for textile industry

Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) and the All Pakistan Textile Mills Association (APTMA), value added textile industry association of Pakistan after holding a series of meetings has decided to opposed a proposal of banning the import of textile raw materials, saying the local textile industry is unable to produce these raw materials.

Related Keywords: booked order worth dollar one hundred fifty million, Ecommerce Gateway Pakistan, International textile asia exhibition, machinery and equipments display, MoU signed to jointly conduct mega textile event, PRGMEA, show dominated by Chinese companies

The 14th International Textile Asia Exhibition took off to a good start with orders worth $150 million booked on the opening day, while deals worth more than $300 million were agreed to during the three day mega textile fair organised by the Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA). It witnessed around 55,000 visitors during first two days while more than 100,000 visitors registered their presence in textile fairs in three days.