Farrukh Qankhari, Acting President, Korangi Association of Trade and Industry (KATI) has appreciated the Pakistan government for setting up the Textile Council for the development of the textile sector. As per a report by The Nation, KATI believes, the Council would help boost textile exports by identifying issues plaguing this sector and presenting viable solutions for them. Qandhari says, KATI had always raised its voice against previous government’s anti-textile policy and the burden of taxes.

Pakistan Single Window and Customs and People’s Republic of China have launched a Joint Working Group or a single window cooperation and integration between Pakistan and China. The Joint Working Group will devise the coordination mechanism and facilitate technical discussion between the two sides for proposed integration, says the United Business Group.

Both sides can also detect under and over invoicing and counter trade based money laundering through data exchange mechanism, it adds. The integration between the two single windows would boost economic activities between the two countries and expedite clearance of goods. The formation of the JWG will makes the business community of both the countries more confident, adds UBG.