To get access for Pakistani products in the potential markets, efforts are being undertaken for Free Trade Agreement (FTA) negotiations with Turkey, Thailand and Iran. A joint research study to assess the potential for a preferential arrangement with Korea is also underway.
In the current financial year, to facilitate exporters under the Textile Policy 2014-2019, over six billion rupees have been allocated, according to official sources.
To promote exports to new markets, the Trade Development Authority of Pakistan would be organizing various export promotional activities like trade exhibitions.
National Tariff Commission Act has been revamped to counter the import surge through unfair trade and strengthen trade defence mechanisms.
The sales tax zero-rating regime has also been introduced for five export oriented sectors including textile, leather, carpets, surgical and sports goods.
Innovo Fiber has announced an exclusive global distribution partnership with Archroma to widen access to its Fibre52 low-temperature bleaching technology.
Water Technology AB (SWATAB) has integrated Cleanr’s new microplastic filtering technology into its patented chemical-free commercial laundry system.
The Organic Cotton Accelerator has released Türkiye’s first Organic Cotton Training Curriculum, giving farmers practical and locally relevant advice on…
HandMadeStone and CleanKore have formed a partnership to promote sustainable practices throughout denim manufacturing, from fibre production to final finishing.
ICT, Mumbai, has opened its newly renovated sustainable textile laboratory, upgraded with support from Archroma India Pvt. Ltd. under its…
Denim Deal, focused on standardizing circular methods in denim production, announced that French retailer Kiabi has joined the group.