KARACHI – A Chinese business delegation signed a memorandum of understanding (MoU) with Pakistan Leather Garments Manufacturers and Exporters Association on the second day of international textile exhibition ‘TEXPO 2016’ on Friday.
The leather exhibitors closed a business deal worth 11.4 million dollars with buyers invited by the TDAP from Poland and Germany.
On the 2nd day of the TEXPO 2016, organised by TDAP, the delegations from South Americas, Jordan, Japan, Thailand, Indonesia, Nigeria and India met with TDAP CE S M Muneer and TDAP Secretary Rabya Javeri Agha.
The high profile meetings generated some serious business leads. The delegation from Jordan, led by Aman chamber of commerce & textile and read-made clothes syndicates, shared great enthusiasm for hosting a single country exhibition of Pakistan, which will be organized by the TDAP in Jordan.
The Thailand delegation discussed the signing of Pak-Thailand Free Trade Agreement and asserted the significance of early signing of the agreement. They showed keen interest in export of cotton yarn.
Grande Asset of Thailand expressed interest in products of home textile for hospitality industry.
The Indian delegation exchanged views regarding great potential for trade between the two countries in the textile sector but also discussed the constraints of trade.
Two leading trade chambers of Pakistan, the FPCCI and the KCCI, also held conducive business meetings with delegates from Netherlands, S Africa, S America, Spain, Indonesia, Thailand, Jordan, China, Kuwait, India and Nigeria.
Delegates from India, Singapore and Indonesia, showed particular interest in the Pakistani carpets while the delegates from the South American states of Argentina, Brazil and Columbia expressed the intent to diversify their import range from Pakistan which previously was focused on yarn and raw material.
Yonex, Sports Company from Japan expressed great interest in sportswear and sports socks.
Mitsubishi Fashion seemed keen to explore high value garments.
The Towels Manufacturers Association of Pakistan has an entire Hall which has been customized for the showcasing of their exhibits. The business meetings held between the buyers and exhibitors yielded some very promising results.
The TDAP coordinated and facilitated site visits for the French delegation in order to familiarize them with the production facilities of the leading textile manufacturers and designers of Pakistan.
At the close of business meetings of day two, TDAP seemed very optimistic about the business generation from TEXPO.
Source: The Nation