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.
Living Ink Technologies has been named among TIME magazine’s Best Inventions of 2026 in the Sustainability category for its Algae…
Polyester filament yarn manufacturers across North and Central America have launched YarnProof, an origin verification system powered by FibreTrace technology.
Cotton Brazil has launched ‘Hanging by a Thread’ movement, highlighting concerns about microplastics and encouraging greater consideration of natural fibres.
Wrangler has introduced a fleece outerwear collection featuring Hay Away, a fabric technology to prevent hay and grass from clinging…
Researchers at Kent State University have demonstrated how digital flat knitting can create adaptable textile structures across multiple applications.
Archroma has partnered with Prosperity Textile to develop processes aimed at improving the quality, durability and sustainability of denim fabrics.