Daily Times Ambassador-designate to Netherlands visits Sialkot on PRGMEA invitation
July 6, 2021
Pakistan Ambassador-designate to the Netherlands Suljuk Mustansir Tarar has pledged to encourage Dutch investors to explore Pakistan for possible joint ventures and investment in conventional and non-conventional sectors, besides promoting new sectors and areas in exports to the Netherlands.
The newly-appointed Pakistani envoy visited Sialkot on invitation of the Pakistan Readymade Garments Manufacturers & Exporters Association where he held separate meetings at the Sialkot Chamber as well as at the PRGMEA to have detailed discussions on value-added industry’s of export-oriented city.
Addressing the meeting at PRGMEA House, the Ambassador said that the efforts of PRGMEA in promoting value-added exports are commendable. He said that the purpose of his visit to Sialkot was to enhance contacts and exchange information for the promotion of trade between Pakistan and the Netherlands.
Ambassador calls for exploring new areas
Vows to encourage Dutch investors to form joint ventures, invest in Pakistan
ISLAMABAD:
Despite the challenges arising from the Covid-19 pandemic, Pakistan’s economy is growing rapidly, but still new sectors and areas have to be explored to enhance exports, said Pakistan Ambassador-designate to the Netherlands Suljuk Mustansir Tarar.
Talking to exporters from different businesses in Sialkot, he pointed out that textile was the only important product imported by the Netherlands from Pakistan.
The envoy pledged to encourage Dutch investors to explore Pakistan’s market for possible joint ventures and investment in conventional and unconventional areas. He vowed to promote new sectors and areas for the exporters in the Netherlands.
PRGMEA seeks forensic audit of cotton dealers
Business
April 9, 2021
LAHORE: The readymade garments sector has requested the government to put a check on the yarn and cotton cartel, as it was affecting the export orders fetched by Pakistan, and to allow duty free import of the commodity for at least six months to keep manufacturers competitive in the market.
In a letter written to Prime Minister Imran Khan on Thursday, Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) alleged that a cotton and yarn cartel was affecting the exports of the value-added and readymade garments sector.
The letter urged to launch a forensic audit of yarn producers in line with the actions taken by the PTI government against the sugar lobby, as the “cotton mafia so far proved to be larger than the sugar mafia in the country”.