The Latest Information Express Of Pakistan Textile Industry (9.19)

< p > < strong > cotton prices continue to rise in Pakistan, and market volume is up < /strong > /p >

< p > by the rising price of seed cotton purchase and the price increase of the ginning factory, the cotton price in Pakistan continued to rise on the 12 day. In the face of high price, < a href= "http:// www.sjfzxm.com/news/index_c.asp" > spinning enterprise < /a > had to choose to accept, the market was active, and the textile enterprises mainly focused on the recent domestic cotton shipment.

On the same day, Xin De Hua Hua Hua Hua Hua factory picked up 6800-6900 rupees /maund (79.15-80.35 cents / pound) and 6750-6850 rupees /Maund in Punjab province.

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< p > Pakistan's domestic textile enterprises continue to purchase India new flowers, including MCU-5 cotton, 32mm, 32GPT11 shipment mill, delivery price 87 cents / pound, and a small part of DCH-32 cotton, October shipment price 116 cents.

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< p > < India a target= "_blank" href= "//www.sjfzxm.com/" > textile < /a > to explore the priority position of the textile industry from the slowdown in exports to the traditional market, India textile industry is discussing with Japan and Latin American countries free trade agreement to revitalize India textile exports.

The media interviewed Chatterji, Secretary General of the Ministry of textiles.

Ms. Chatterji revealed that the Ministry of textiles is exploring the priority position of the textile industry with the Federal Reserve Committee of India.

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< p > Q: what is the development of the industry? < /p >

< p > A: we are working hard to seek priority for loans, especially for export oriented enterprises.

At the same time, we hope to introduce more flexible labor laws to stimulate exports.

At present, we have made some achievements, and I hope to bring more good news to the industry in the future.

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< p > Q: India is experiencing a decline in its share in traditional markets.

Do government departments have specific measures to develop new markets? < /p >

< p > A: we are now looking at the broad market in Latin America and discussing the free trade agreement with Japan.

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Less than p ago, the media reported that India would levy taxes on cotton exports and protect domestic textile enterprises.

At present, the Ministry of textiles has disclosed relevant incentive policies, and the importance of textile industry in India is evident.

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< p > < strong > Pakistan textile mill Association looks forward to the doubling of textile exports < /strong > /p >

< p > the Pakistan Textile Mills Association (APTMA) has launched a four year plan for Pakistan's a href= "//www.sjfzxm.com/news/" > textile industry < /a >, with the goal of doubling the export scale from the US $13 billion in the current year to US $26 billion through the EU GSP plus (GSP+) qualification.

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Mr. P, director of the International Trade Commission of the Pakistan Textile Mills Association, said that in the next 4 years, the Pakistan textile industry will make use of its overall capability to reach the export target of US $26 billion, because Pakistan is expected to gain the position of GSP in January 2014. The free entry into the EU market will help Pakistan achieve its export target.

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< p > industry insiders say that China's share in the global a href= "//www.sjfzxm.com/news/" > textile trade < /a > is US $300 billion, and China has lost 30 billion US dollars due to increased production costs.

However, Pakistan has not benefited, and Bangladesh, Vietnam, Kampuchea and Sri Lanka are beneficiaries because they enjoy zero tariff concessions.

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< p > < strong > Pakistan textiles received priority entry in Indonesia and entered into force in September < /strong > < /p >.

P > Indonesia and Pakistan preferential trade agreement (IP-PTA) came into force in September 1, 2013, Pakistan a href= "//www.sjfzxm.com" > textiles < /a >, including cotton yarn, cotton fabric and cotton fabric and a target= "_blank" href= "//www.sjfzxm.com/" > clothing /a >. It will get the priority of the Indonesian market.

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< p > Pakistan Ministry of Commerce said in a statement that IP-PTA was signed in February 2012 to ensure that Pakistan products have greater market access in the Indonesian market.

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The two countries agreed to sign a free trade agreement after the signing of phytosanitary and SPS measures mutual recognition agreement (MRA). At the same time, Indonesia recognized Pakistan as an endemic area of citrus. P

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< p > according to IP-PTA, Indonesia will grant 216 kinds of market access for preferential tax rates in Pakistan, including cotton yarn, < a href= "//www.sjfzxm.com" > cotton fabric < /a > a target= "_blank" href= "//www.sjfzxm.com/" > clothing > _blank > dress, body products.

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