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Related Keywords: help textiles sector gain, India and the European Union need to sign an free trade agreement, India loses thirty sevent textile markets, Indian exporters, making exports from India more expensive, over last two years to Pakistan, Pakistans inclusion in GSP by EU, pay export duty, slow pick-up of garments and fabrics from India, Texprocil

With Pakistan’s inclusion in the Generalised System of Preferences (GSP) by the European Union (EU) India has lost 37 textile markets over the last two years in the European Union to Pakistan. Preferences are given to certain countries through tax exemption in developed markets to boost trade from that country.

Related Keywords: between Iran and Pakistan begins, explore cooperation in textile, Iranian businessmen keen to enhance relations, lack of trade information, major reason behing low trade volumes, new era of cordial relations, Pakistani counterparts. come forward and start joint ventures, trade and economic activities, two trade delegations, visit Iran in may

A new era of cordial relations between the two countries Iran and Pakistan has begun following Iranian President Hassan Rouhani's visit to Pakistan. Iranian Ambassador to Pakistan Mehdi Honardoost said that lack of trade information was the major reason behind low Pakistan-Iran trade volumes.

Iranian businessmen were keen to enhance relations with their Pakistani counterparts. They should come forward and start joint ventures.

Related Keywords: artisans across the country, directly to consumers, Gandhi Shilp Bazaar, handicrafts fair a platform, hosted by Jharcraft, organized independently by Jharcraft, sell their products, without interference of middlemen

Gandhi Shilp Bazaar, a handicrafts fair a platform provided to the artisans across the country to sell their products directly to the consumers without interference of any middlemen, organized every year by the Centre's development commissioner (handicraft), ministry of textile will be hosted by Jharcraft in Ranchi from April 28 to May 7.

Related Keywords: Burkina Faso, cotton farmers in US, cotton second-biggest source of revenue, down by eighteen percent, landlocked country in West Africa, National Cotton association, poor weather, produced raw cotton, recent cotton seasaon, Seasonal rains arrived late, short of its aim of record crop, stop using GM seeds till technology improves

Burkina Faso a landlocked country in West Africa in the recently ended 2015/16 season produced 581,000 tonnes of raw cotton, however down 18 percent from the previous harvest and well short of its aim of a record crop of 800,000 tonnes, said the national cotton association on Friday.

Related Keywords: Kavita Gupta, Santosh Kumar Gangwar, Technical textile, TECHNOTEX 2016, Textile Commissioner, textile exhibition

The TECHNOTEX 2016 was inaugurated today in Mumbai at Bombay Convention &Exhibition Centre by Santosh Kumar Gangwar, union minister of textiles and Dr. Kavita Gupta, Textile Commissioner, Ministry of Textiles. The event was marked with the formation of Taiwan Pavilion jointly by Taiwan Composites Association and Taiwan Textile Federation & the Bureau of Foreign Trade.

Related Keywords: Business Services, Fabrics and Yarns, IGATEX exhibition, inaugurated by Provincial Minister for Industry Ch Muhammad Shafiq, Knitting and Stitching industries, machinery and equipment, Plant, provide business opportunities and add value to exports, showcases product from apparel and clothing, Textile

Provincial Minister for Industry Ch Muhammad Shafiq yesterday inaugurated the ninth International Garment, Textile & Leather Machinery and Accessories exhibition and conference (IGATEX-2016) Pakistan, the largest exhibition of its kind in the region.

This event showcases product from Apparel & Clothing, Plant, Machinery & Equipment, Textile, Fabrics & Yarns, Business Services, Knitting & Stitching industries. The event has introduced high level textile machinery, equipments and accessories.

Related Keywords: All limited companies to deduct VAT at source, as per old VAT law, BGAPMEA, BGMEA, BKMEA, BTMA, comes in force next July, National Broad of Revenue, New VAT law allows only public limited companies, withdraw VAT at source from consumers

Currently, all limited companies have to deduct VAT at source while receiving supplies and deposit the money with the exchequer as per the VAT law 1991. But the new VAT law allows only public limited companies to withdraw VAT at source from consumers.

Only public limited companies (PLCs) will have to deduct the Value Added Tax (VAT) at source from supply chain partners under the new VAT and Supplementary Duly Act, officials said.

Private limited companies will not deduct VAT at source from suppliers under the new VAT law that comes in force next July.

Related Keywords: at thousand odd booths, bags manufactured by BJEL, joined hands in a green venture, launched eco friendly scheme, low cost jute bags, Mother Dairy, National Jute Board (NJB) and Birds Jute & Exports Ltd. (BJEL), provide attractive, supplied to Mother Dairy for distribution, Union Textiles Minister, venture is promoted by NJB

The residents of Delhi now have a choice and can restrict the use of plastic bags by using biodegradable jute bags as Mother Dairy, National Jute Board (NJB) and Birds Jute & Exports Ltd. (BJEL) have joined hands in a green venture to provide attractive, low-cost jute bags at the thousand-odd booths of Mother Dairy and Safal in Delhi-National Capital Region.

The venture is promoted by NJB and the bags are manufactured by BJEL and supplied to Mother Dairy for distribution at its booths.

Related Keywords: achieve better production of textiles, achieved through modern mechanization, bilateral trade, business to business contacts, considering to further decrease import duties on machinery, establish post harvest processing units, Federal Minister for National Food Security and Research, meeting with Italian business delegation

Federal Minister for National Food Security and Research Sikandar Hayat Khan Bosan, during his meeting an Italian business delegation on Wednesday, said that to achieve better production, duties had already been brought down from 43 percent to 9 percent.

However, Pakistan is considering to further decrease import duties on machinery in order to improve production of textiles and other leather apparels.

Related Keywords: arrange fashion show, Dr Ameenah Firdaus Guarib-Fakin, explore business opportunity, invited Pakistani textile exporters, Marutius President, Mauritian Diaspora Scheme, meeting with APTMA, opportunities on the technical side of the textile sector in Mauritius, Pakistani brands

Mauritius President Dr Ameenah Firdaus Guarib-Fakin during a meeting with the All Pakistan Textile Mills Association (Aptma) on Wednesday has invited Pakistani textile exporters to explore business opportunities in addition to arranging a fashion show of Pakistani brands in the country.

She said that there were huge opportunities on the technical side of the textile sector in Mauritius – a small island nation located on the east of mainland Africa and often termed ‘the gateway to Africa’ – that remained unexplored.