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Cambodia-Korea FTA to come into force from Dec 1

The Cambodia-Korea Free Trade Agreement (CKFTA), which will come into force from December 1, is expected to raise bilateral trade volume with South Korea and create more new. ....

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AME Garment Intelligent Manufacturing Exhibition 2022 (May 2022), Shanghai - China

Check out 2022 edition of AME Garment Intelligent Manufacturing Exhibition 2022 Details like exhibiting, Past edition, reviews, timing will be held at Shanghai National Convention,Shanghai, China, Shanghai, China. ....

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Govt refuses to bail out value-added sector

National
April 15, 2021
ISLAMABAD: The government has refused to bail out the value-added sector (VAS) seeking monetary compensation for the export orders it booked on the presumption that Pak Rupee would further depreciate against the US dollar, top officials of Commerce Ministry told to The News.
The government maintains that commercial decisions always have consequences that are to be borne by commercial entities and it’s not possible for the government to bail them out.
To seek compensation, some VAS representatives recently met Prime Minister’s Adviser on Commerce Textile and Investment Abdul Razak Dawood and top ministry officials. The VAS representatives sought the compensation, contending they did not book the rupees in advance as they usually do, presuming the rupee depreciation would continue. However, the unprecedented depreciation of the US dollar and appreciation of Pak Rupee from 165 to 152 has inflicted loss to the VAS exporters. ....

Abdul Razak Dawood , Commerce Ministry , Pakistan Textile Manufacturers Association , Economic Coordination Council , Pak Rupee , Prime Minister , Commerce Textile , Investment Abdul Razak Dawood , All Pakistan Textile Manufacturers Association , அப்துல் ர்யாஸக் தாவூத் , வர்த்தகம் அமைச்சகம் , பாக்கிஸ்தான் ஜவுளி உற்பத்தியாளர்கள் சங்கம் , பொருளாதார ஒருங்கிணைப்பு சபை , பக் ரூபாய் , ப்ரைம் அமைச்சர் , வர்த்தகம் ஜவுளி , முதலீடு அப்துல் ர்யாஸக் தாவூத் , அனைத்தும் பாக்கிஸ்தான் ஜவுளி உற்பத்தியாளர்கள் சங்கம் ,