Page 4 - April-May-2017
P. 4

APTMA urged to pay sales tax re-

                                                                                                                                                                  funds; IGATEX is back to Karachi;

                                                                                                                                                                  DOMOTEX asia/CHINAFLOOR
                                                                                                                                   Editor-in-Chief
                                                                                                                                   Yousaf Fareed                  concluded stronger than ever

                                                                                                                                   Editor                         Demands, including immediate      resulting in positive impact on the
                                                                                                                                   Hassan Saeed                   payments of sales tax refunds and   economy of Pakistan.
                                                                                                                                                                  drawbacks to exporters were on the
                                                                                                                                   Sub-Editor                     table of discussion during the    Chairman APTMA, Aamir Fayyaz
                                                                                                                                   Saba Noor                      meeting of leading textile        encouraged the Chinese textile
                                                                                                                                   Farooq Malik                   associations of Pakistan. The     sector to invest in Pakistan and
                                                                                                                                                                  meeting was held at APTMA house   initiate joint ventures that can boost
                                                                                                                                   Advisory Board:                Lahore where the joint communique   the textile industry at both ends. He
                                                                                                                                   Dr. Tanveer Hussain            demanded reimbursement of duty    said that this can be done by
                                                                                                                                                                                                    relocation the Chinese textile
                                                                                                                                                                  drawback amount under the Prime
                                                                                                                                   Dr. Muhammad Tausif            Minister’s “Export led Growth     facilities to Pakistan and by providing
                                                                                                                                                                  package.” Among other demands     better productive opportunities to the
                                                                                                                                   Marketing Manager              was the withdrawal of FBR         investors in Pakistan. The matter was
                                                                                                                                   Mohammad Ahmed                 instructions to roll back RPOs,   highlighted while addressing the
                                                                                                                                   Mohammad Khan                  enabling immediate payment of     delegation of the textile companies
                                                                                                                                   Abdul Haseeb                   outstanding sales tax refunds     from Tianjin, China at the APTMA
                                                                                                                                                                  against RPOs already issued.      house Punjab.
                                                                                                                                   Layouts
                                                                                                                                   Faizan Khan                    Speaking on the occasion,         DOMOTEX asia/CHINAFLOOR once
                                                                                                                                                                  Chairman APTMA Aamir Fayyaz       again confirmed its leading position
                                                                                                                                   Circulation Incharge           urged the Prime Minister and      in Asia-Pacific. A number of leading
                                                                                                                                                                  Finance Minister to immediately pay
                                                                                                                                                                                                    domestic and international brands
                                                                                                                                   Abdul Mughees                  sales tax refunds and drawbacks to   showcased their achievements on
                                                                                                                                   Mohammad Bilal Khan            the exporters. While addressing the   the floor. The event was held in
                                                                                                                                                                  attendees and medial, the         March 21-23, 2017 at the Shanghai
                                                                                                                                   Adddress                       leadership from other associations   New Exhibition Centre. Where about
                                                                                                                                   C-302, City Towers             stressed the federal government to   1,364 exhibitors from 40 different
                                                                                                                                   Main Boulevard, Gulberg II     give priority to the exporting industry   countries, among which 313 were
                                                                                                                                   Lahore-Pakistan                in order to reduce trade imbalance   international, exhibited both
                                                                                                                                                                  and create jobs and export surplus.  traditional and innovative flooring
                                                                                                                                   Phone: + 92 42 35 788 700                                        products in an extended gross area
                                                                                                                                   Fax:   + 92 42 35 788 700      FAKT Exhibitions (Pvt) Ltd. brings the   of 145,000sqm spread throughout
                                                                                                                                                                  pioneer event “IGATEX Pakistan    13 halls.
                                                                                                                                                                  2017- The 10th International
                                                                                                                                   Email: info@textalks.com       Garment, Textile Machinery &      While on the other hand GTex Expo
                                                                                                                                   Skype: textalks                Accessories Exhibition &          had a marvelous success at Karachi
                                                                                                                                                                  Conference” to Karachi. The 4 day   and Lahore exhibitions. While the
                                                                                                                                   www.textalks.com               event is one of its kind is organized   exhibition at Faisalabad also brought
                                                                                                                                                                  at Karachi Expo Centre from 26th to   a number of attractive opportunities
                                                                                                                                                                  29th April 2017. The event will be   from the industry.  The showcased
                                                                                                                                                                  showcasing the latest technology,   categories included top International
                                                                                                                                                                  machinery and auxiliary equipment   Brands from Textile, Garment,
                                                                                                                                                                  that are expected to provide new   Leather, Digital Printing, Embroidery
                                                                                                                                                                  business opportunities as well as   Machinery, Accessories, Chemical,
                                                                                                                                                                  value addition to textile sector   Dyes, and Energy.
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