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Related Keywords: cooperation in bilateral trade, emphasized on searching opportunities, introduce business community of Turkey to Pakistan, joint investment ventures in Pakistan, meeting with Finance Minister Ishaq Dar, promotion of trade and business opportunities, skills and technology in field of textile, Turkish Foreign Economic Relations Board

The visiting Turkish Foreign Economic Relations Board led by Omer Cihad Vardan on Friday during a meeting with Finance Minister Ishaq Dar thanked Pakistani Government for supporting Turkey in crucial time and emphasized on searching opportunities of joint investment ventures in Pakistan.

Related Keywords: boost investment, cut in excise duty on MMF, from synthetic textile industry, garments produced through MMF, meet growing demand, Ministry of Textiles, MMF industry, new policy, seeking exemption on MMF from excise duty, set to announce, used by economically weaker sections

The Ministry of Textiles is set to announce a cut in excise duty on MMF in the new policy in order to boost investment to meet growing demand from the synthetic textile industry. The MMF industry has on several occasions represented to the government seeking exemption on MMF from excise duty, arguing that the garments produced through MMF are primarily used by the economically weaker sections of society.

While cotton fibre attracts no duty, the government has levied 10 per cent excise duty on MMF.

Related Keywords: cotton bales, Cotton market, cotton prodcution, easy supply position, falling trend persisted, Modest trade, official spot rate dropped further, prices showed softness, seed cotton prices

In the process of modest trade at cotton market falling trend persisted on Friady, dealers said. Also, the official spot rate dropped further by Rs 100 to Rs 6,400. Market sources said that in the early session, prices showed softness due to reports of easy supply position.

In Sindh, seed cotton prices were unchanged at Rs 3000-3300 and in Punjab rates of Phutti, followed same trend, showing no change at Rs 2600-3200, per 40 kg. Meanwhile, in ready business, around 13000 bales of cotton changed hands between Rs 6300 and Rs 6650.

Related Keywords: applied materials, design and manufacturing, Designtex, help of textile enthusiasts, leading company in development, operate the warp and weft in a manual loom, orchestrate the assembly of a human-scale textile, participate in inaugural New York Textile Month, weave

Designtex, leading company in the development, design and manufacturing of applied materials for the built environment to participate in the inaugural New York Textile Month this upcoming September 2016.

Related Keywords: deals in organic, demand growing for sustainable and ethical fashion, handloom attire, mass-market clothing, now seeing a revival, once regarded as fit only for politicians and villagers, pavement stalls, perceive to be ethical and responsible, Rajlakshmi Cotton Mills, still dominates malls, Symbol of India's freedom struggle, Technopak

A symbol of India's freedom struggle, handloom attire was once regarded as fit only for politicians and villagers. It is now seeing a revival, with demand growing for sustainable and ethical fashion, even as mass-market clothing still dominates malls and pavement stalls.

Arvind Singhal, chief executive of retail consultancy Technopak Advisors said that there's a greater desire among the youth and the middle class, who are frustrated with dirty politics and crooked companies, for something better.

Related Keywords: Asia’s PTA likely to continue to rise, due to G20 summit conducted in Hangzhou City, eastern Zhejiang province, for duration of the summit, or cut production to ensure better air quality, petrochemical plants mandated to either shut, PTA in the key China market, Tight supply of purified terephthalic acid, uptick in demand

With tight supply of purified terephthalic acid (PTA) in the key China market due to the G20 summit conducted in Hangzhou City in the eastern Zhejiang province with petrochemical plants in the surrounding areas mandated to either shut or cut production to ensure better air quality for the duration of the summit, the of Asia’s PTA likely to continue to rise due to an uptick in demand, industry sources.

Related Keywords: cater for contract market, Company working with fibre manufacturer Trevira, developed a variety of fabric qualities for mattress cover, extend product range, high quality products in applications, Mattes & Ammann, specialists in circular and warp knitted fabrics, Swabian textile company, uses Trevira yarns

Mattes & Ammann, a Swabian textile company specialists in circular and warp knitted fabrics in Germany who uses Trevira yarns for their high quality products particularly in applications in the automotive sector and with Trevira CS qualities for seat covers on trains. The company working with fibre manufacturer Trevira has developed a variety of fabric qualities for mattress covers and recently extended their product range for the segment to include a collection in Trevira CS to cater for the contract market.

Related Keywords: A ten member Special Working Group, cotton export, Deputy Chairman, established by Government of Uzbekistan, establishment of direct contacts with partners in Pakistan, explore new perspectives of export and import between two countries, headed by Nodir Atajanov, initiate talk to develop bilateral trade relations with Pakistan, Textile Industry

A 10-member Special Working Group established by the Government of Uzbekistan and headed by Nodir Atajanov, the Deputy Chairman to initiate talk to develop bilateral trade relations with Pakistan has arrived Islamabad. The Group will meet with officials of Pakistan and organize presentation in Chambers of Commerce and Industries of Islamabad and Lahore, according to Uzbekistan Embassy in Islamabad.

Related Keywords: fourth round of talks on trade liberalization, FTA would benefit both countries, increase bilateral trade and investment, open the market for textile and garment, penetrate Asean Economic Community, technical barriers and laws, Thai negotiating team, Thailand gateway for Pakistan, trade facilitation, trade remedies

Thai negotiating team lead by Sunanta Kangvalkulkij, deputy director-general of the Commerce Ministry's Trade Negotiations Department will be in Islamabad for the fourth round of talks on trade liberalization. The Pakistani-Thai FTA would be beneficial to both countries and significantly increase bilateral trade and investment.

It would enable Thailand to expand its exports into South Asia as well as other Muslim nations in the surrounding region. Thailand will act as a gateway for Pakistan to penetrate the Asean Economic Community.

Related Keywords: amid easing physical price, Buyers made selective deals on day basis, dull trading, forward deals in second grade lint, high demand despite meager supply, KCA, paucity of better grades, spot rate, witnessed at lint market

Dull trading was witnessed at lint market on paucity of better grades amid easing physical price, traders said. Buyers made selective deals on day basis and forward deals in second grade lint due to which it remained in high demand despite meager supply, floor brokers said.

Also leading buyers made one month forward deals for better grade during trading in Punjab and Sindh stations.

The buyers bought all grades at around Rs 5,000 per maund to 6,200 per maund, traders at the Karachi Cotton Association (KCA) said.