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Pak-Uzbekistan collaboration to open new avenues of value addition July 18, 2021 President Faisalabad Chamber of Commerce & Industry (FCCI) Engr Hafiz Ihtasham Javed has said that collaboration between Pakistan and Uzbekistan will open new avenues of value addition and help Pakistan to almost double its exports. He was addressing a joint meeting of entrepreneurs organized by the Ministry of Commerce/Trade Development Authority of Pakistan (TDAP) in Tashkent. It was chaired by Prime Minister Imran Khan. Engr Hafiz Ihtasham Javed said that Uzbekistan has a well developed cotton and spinning industry and we could collaborate in these sectors in addition to exploiting the massive potential of value addition in the processing sector. He said that Textile Policy has played a pivotal role in jacking up exports to 15 billion dollars and Faisalabad has played a key role in achieving the ambitious export targets. He said that the new Textile Policy is still lying unapproved. ....
ISLAMABAD: Adviser to the Prime Minister on Commerce and Investment Abdul Razak Dawood addressing a press conference on Thursday. Tanveer Shahzad / White Star ISLAMABAD: Pakistan’s merchandise trade deficit widened by 32.9 per cent, or $7.616 billion, in the outgoing fiscal year (FY21) from a year ago on the back of lower export proceeds and higher than expected imports, data shared by the Ministry of Commerce showed on Thursday. The annual trade deficit reached $30.796bn in July-June FY21 from $23.180bn over the corresponding period of last year. This may pose some challenges for the government in controlling external accounts. In rupee terms, the trade deficit was posted at 33.8pc on a year-on-year basis. ....
Textile industry awaits policy initiatives to boost growth thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.
Budget upsets textile exporters for not including zero rated regime thenews.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenews.com.pk Daily Mail and Mail on Sunday newspapers.
Pakistan and the year of growth - Daily Times dailytimes.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailytimes.com.pk Daily Mail and Mail on Sunday newspapers.