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Tuesday, 09 January 2024 07:53

Pakistan to expand textile exports to China: FPCCI

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In a meeting with Chinese delegates, Karim Aziz Malik, Chairman, Federation Pakistan Chamber of Commerce and Industry (FPCCI) said, Pakistan plans to expand its textile exports to China to benefit from the favorable incentives and liberal policies available for both foreign and local investors across the country. 

Pakistan currently exports textile products to Europe and America. It provides attractive incentives in not just special schemes but also traditional and non-traditional sectors of the economy. This encourages the business community to invest in the country and earn maximum profits, noted

Pakistan’s current exports include textile made-up cotton, knitted and non-knitted garments, Pink Salt, Rice, plastic and leather articles, automobiles, etc, Malik added.

Ashfaq Ahmed, Vice President, FPCCI emphasised on the need to increase dialogue between businessmen of the two nations along with trade expansion and creating an alliance between both nations. 

Malik Sohail Hussain, Chairman, Coordination, FPCCI Capital Office emphasised on the need for frequent exchange of trade delegations to improve collaboration between the private sectors of both the countries. 

Zhang Yang, Director, CFIC and Chairman, Chang Jiang Management, added, Pakistan’s attractive policies provide numerous investment opportunities for Chinese investors. He hoped for a substantial growth in bilateral trade between the two countries in future.