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Textile sector likely to get Rs15 bn under PM’s package by August 14

Related Keywords: enhance value addition capacity, facilitate garment exports, Members of National Assembly Standing committee, offer incentives to garments industry, overall exports have gone down, promote, resolve issues of electricity tariffs, Rs fifteen billion for textile sector, Sales tax, small units, Textile Industry, under prime minister trade package

Members of the National Assembly Standing committee on Textile Industry has come up with recommendations in an attempt to offer incentives to the garments industry and its small units, which would help them enhance their value-addition capacity, promote and facilitate garment exports.

The move comes at a time when Pakistan’s overall exports have gone down from around $24 billion to around $20 billion per annum over the past few years of which textile exports constituted more than half of the total shipments.

Four Bangladeshi RMG companies joined the partnership for sustainable textile

Related Keywords: Bangladeshi RMG companies, Declaration of Accession, Dhaka Apparel summit, environmental, German Parliamentary state secretary, global textile, Hans Joachim Fuchtel, partnership, promote, signed, social improvements, supply chain., Sustainable textiles

Hans-Joachim Fuchtel, the German Parliamentary State Secretary during his recent visit to Dhaka Apparel Summit 2014 to promote the work of the Partnership for Sustainable Textiles announcement four Bangladeshi ready-made garment (RMG) companies have joined the partnership.

The Partnership for Sustainable Textiles which was recently established by German Federal Development Minister Dr Gerd Mueller with the aim of bringing about environmental and social improvements in the global textile supply chain.

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