Page 5 - April-May-2017
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                                           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
                                           drawback amount under the Prime
                                                                              relocation the Chinese textile
             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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