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At the 6th meeting of the Uzbek-Pakistani Inter-governmental Commission on Trade-Economic and Scientific-Technical Cooperation (IGC) in Tashkent, All Pakistan Textile Mills Association (APTMA) signed a memorandum of understanding with the Governor of Bukhara, Uzbekistan to build a textile complex in the state.
Spanning 30,000 hectares, the complex will reserve a vast space for cultivating cotton. It will also house spinning, weaving, processing and garment units built at a cost of $100 million.
Gohar Ijaz Ijaz, Leader, APTMA hopes, Pakistan s cotton exports would reach $18 billion by next year. The country recently agreed to finalize a preferential trade agreement (PTA) with Uzbekistan within three months to boost bilateral trade volume.
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By Staff Reporter , Updated Jul 07, 2021 08:03 PM EDT
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Pakistan is likely to be added to Amazon s list of vendors. However, following that, Pakistani sellers would have to prioritize product quality. Therefore, Pakistan Post Office has been formally recognized as an Amazon delivery partner as per the official release.
According to the joint secretary of commerce, those who do not maintain a high standard of product quality would have their Amazon seller account blocked. Razak Dawood, the Prime Minister s Commerce Adviser, recently stated that Amazon would soon add Pakistan to its list of vendors, creating new possibilities for the country s young and small and medium-sized businesses (SMEs).