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 .
The PRGMEA will arrange factory visits for the Chinese delegation and B2B meetings with its members adding that the visit of delegation was the result of MOU signed between PRGMEA and China Chamber of Commerce for Textile (CCCT) to promote and expand cooperation between Pakistan and Chinese textile and apparel companies.
It is first time that a Pakistani garment sector body signed such an agreement with overseas stakeholders for strengthening mutual trade of garment and textile. The MoU was signed during China Asia Textile Forum 2016 held at Shanghai.
The MOU between PRGMEA and CCCT would go a long way and help Pakistani value-added garments to find their way in Chinese market as it has a lot of opportunities from Pakistani merchandise .
Ijaz said that it is expected that Chinese companies will establish their units at China Pakistan Economic Corridor (CPEC) economic zones through joint ventures with local companies adding PRGMEA will play its instrumental role after striking this deal with CCCT.
PRGMEA and CCCT also agreed to deal with managing business contacts, seminars, business meetings, exhibitions and fairs as well as other arrangements to make potential partners and export possibilities available in the two countries business entities.
Ijaz said that both organizations will assist each other in small and medium size business development, provide technical assistance, search for partners for trade and joint ventures as well as render other services of interest for business entities.
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