Pakistan Textile Exports Steady

Pakistan forum express reported on December 9th that the export of Pakistani textiles reached US $3 billion 300 million in the first quarter of this fiscal year and is expected to achieve the goal of exporting US $13 billion 300 million over the previous fiscal year in the current fiscal year. Pakistan is a large textile country with a long history of textile manufacturing and a large number of cheap labor. However, the export volume of Pakistan textile products is not high, especially compared with some Southeast Asian countries, such as Bangladesh textiles, with an annual export volume of 39 billion US dollars and Vietnam of 38 billion US dollars. The Palestinian industry appealed to the government to increase its support for the textile industry. First, to implement a fair tax and rebate system, giving more preferential tax to the textile industry. Two, we should strengthen the use of foreign capital and encourage foreign investors to invest in the textile industry. Three, we should improve the textile design and time wear colleges, and enhance the level of technology and talents in the industry.