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The Second Phase Of China Pakistan FTA Will Promote Pakistan Textile Exports To China
Pakistan's "forum express" 14 reported that Pakistani Prime Minister business consultant d'urd said at the opening ceremony of the thirty-fifth World Fashion Federation world fashion conference that the second phase of the Sino Pakistani FTA is about to take effect, which will provide a rare opportunity for Pakistan's clothing industry to export to China.
To increase exports is one of the core of Pakistan's economic policies, and Pakistan will promote economic development by expanding exports and overcoming trade and current account deficits, he said. After the second phase of the China Pakistan FTA, all major export products, especially textile products, will become easier to enter the Chinese market. China Textile Corporation is exploring opportunities for cooperation in textile fields in Lahore and in the case of Fei SAR, and has established branches in some areas. Da also said that with the strong support of the government, Pakistan garment industry continued to develop and exports steadily increased. The Ba garment industry is strengthening R & D and production of high value-added products.
To increase exports is one of the core of Pakistan's economic policies, and Pakistan will promote economic development by expanding exports and overcoming trade and current account deficits, he said. After the second phase of the China Pakistan FTA, all major export products, especially textile products, will become easier to enter the Chinese market. China Textile Corporation is exploring opportunities for cooperation in textile fields in Lahore and in the case of Fei SAR, and has established branches in some areas. Da also said that with the strong support of the government, Pakistan garment industry continued to develop and exports steadily increased. The Ba garment industry is strengthening R & D and production of high value-added products.
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