Package for textile sector being prepared

Published February 2, 2007

ISLAMABAD, Feb 1: Minister for Textile Industry Mushtaq Ali Cheema has said the government is taking measures to bridge the gap between existing productivity and emerging global trends and preparing an integrated package for the textile sector.

He expressed these views in a meeting related to market plan for Pakistan’s Textile Industry here on Thursday.

The meeting was attended by Dr Salman Shah, Adviser to Prime Minister on Finance, CEO Trade Development Authority of Pakistan (TDAP) Tariq Ikram and Secretary General CBR.

Dr Salman Shah expressed the government’s resolve to provide a conducive environment that is globally competitive, so as to help textile sector maintain and achieve real growth in the long run.

The meeting was also attended by major textile sector figureheads. During the meeting Gian Mario Borney, Vice-President of Werner International, gave a presentation regarding the marketing plan, explaining the major bottlenecks faced by the country’s textile sector, major international trends, regional practices and support given by the major competitors to their textile sectors amid heightened competition after the expiry of the quota era on Dec 31, 2004.—APP