Karachi, March 11, 2016 (PPI-OT): The Official Ribbon Cutting Ceremony of 15th Textile Asia 2016 was conducted today and the Chief Guest was Honourable Engr. Khurram Dastagir Khan, Federal Minister, Ministry of Commerce, Government of Pakistan. He congratulated the organizers for organizing such a mega trade fair and said that ‘This trade fair is showcasing the value-added textile sector; it will increase the export of readymade products.
He further said that Government is putting all its efforts to increase the export of cotton. The current climatic conditions are the main reason behind decrease in production of cotton but Ministry of Food Security is working to increase cotton production. Talking about the exhibition he said that 400 companies are displaying their products in presence of 550 delegates from 27 countries.
He also added that we are going to introduce two new laws in new trade policy and these new laws will help to decrease the use of fertilizers and will increase yield. After 1st July we will declare zero rated sector tax free. He also said that Prime Minister himself is looking after the matters of textile ministry and refunds of up to Rs. 50 lakhs are being cleared.
S.M. Muneer, Chief Executive, TDAP, Shaikh Muhammad Shafiq, Central Chairman, PRGMEA, Abbas Mooraj, President, TexMap, Dr. Khursheed Nizam, President, Ecommerce Gateway and Uzair Nizam, Vice President, Ecommerce Gateway was also present at the Ribbon Cutting Ceremony. This trade fair is jointly organized by PRGMEA and Ecommerce Gateway Pakistan (Pvt.) Ltd.
For more information, contact:
Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA)
3rd Floor, Plot No. 57-C, 24th Commercial Street,
Phase II (Ext), DHA, Karachi, Pakistan