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.
Ciele Athletics has expanded its Elite running collection with a new performance fabric developed to help regulate body temperature during…
Levi's has announced a new collaboration with The Football Association and the England National Football Team ahead of this summer’s…
Arvind Advanced Materials Limited has acquired nearly 61% stake in Dalco-GFT, a US-based manufacturer of needle-punched non-woven specialty fabrics.
Global Fashion Agenda and ReHubs have launched the 2030 Circularity Blueprint to strengthen T2T recycling and support the transition toward…
Accelerating Circularity has introduced Textile-to-Textile Circularity Foundations to improve coordination and implementation in T2T recycling systems.
Claras Materials LLC has announced its launch as a specialised supply chain company focused on post-consumer textile raw materials.