As per Federal Commerce Secretary Ahmed Nawaz Sukhera, Pakistan’s biggest textile exhibition, Texpo 2019, attracted $600 million trade through export orders by foreign buyers. Around 363 foreign buyers from more than 50 countries placed orders at the event. Trade agreements worth $600 million were signed and the process is likely to continue. Foreign buyers inked 10 memorandums of understanding (MoUs) with local export houses, besides visiting field and industrial units in Lahore, Sialkot and Faisalabad.
More than 5,000 business-to-business (B2B) meetings were held on the sidelines of Texpo 2019, which are likely to boost the country’s textile and its related exports. Delegations from various countries including Russia, Bahrain, USA, China, Japan, UK, Germany, Saudi Arabia, Czechoslovakia, Nigeria, France, Netherlands and Spain actively took part in the event.
Around 231 exhibitors including new entrants from across Pakistan displayed their products with leading fashion designers and textile houses and retail brands also showcasing their latest collections. Texpo 2019 also featured a Trade Envoys’ Conference on the last day where the stakeholders from the industry and the government exchanged their opinions. The TDAP also organised a two-day seminar, attended by leading exporters from various sectors.
