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Related Keywords: atleast by thirty percent, implementation of TPP agreement, industry likely to grow, Malaysian textile manufacturers, Malaysian Textile Manufacturers Association, MKMA, MTMA involved in TPP negotiations, parliamentary endorsement of TPP, reference, support to Malaysia’s negotiation team, technical assistance, to bid for supplying uniforms

Malaysian textile manufacturers are looking forward with optimism at the parliamentary endorsement of the TPP at the end of January as the industry can grow by at least 30 percent with the implementation of the Trans-Pacific Partnership (TPP) agreement said Malaysian Textile Manufacturers Association (MTMA) president Datuk Seri Tan Thian Poh at a press conference after a dialogue on potential economic impact of TPP on Malaysia’s textile and apparel industry, here, yesterday.

Related Keywords: Buyers Meeting, collaborate, economic growth, employment, global buyers, GSP Plus status, IFC, ILO, improving productivity, international bodies, Netherland, Pakistan textile industry, practice in textile industry, technical assistance, uphold international standard

Pakistan understanding the importance of garment and textile industry to its economic growth, and the employment it create for its people which reduces poverty for millions of workers. Pakistan and the Netherlands along with other international bodies have collaborated to uphold international standards and practices in textile and garment industry.

In this regard, the first buyers’ meeting was held in Pakistan on December 15-16 with the support of the International Labour Organisation (ILO) and the International Finance Corporation (IFC).