Page 4 - February-March-2018

05 05

Pakistan wins EU Praise for

meeting GSP Plus criteria,
DPS World 2017 led to successful
Increase in Global Cotton
Editor-in-Chief business collaborations; ICTT on
Editor-in-Chief
Yousaf Fareed consumption; ITM 2018- The
Yousaf Fareed importance of technical textile;
Editor Meeting Point of Textile
Ministry revised PM export
Editor
Hassan Saeed Technology leaders
Hassan Saeed
package; Cotton production
Sub-Editor A meeting of International Trade the 2018/19 season are for
Sub-Editor
Alexandros Ali Khan Committee (INTA) was held in production to move to 25.4 million
estimated to be 12.60mm bales
Saba Noor
Farooq Malik Brussels at the European tons and consumption to rise to
Alexandros Ali Khan Parliament to discuss the 2nd 26.5 million tons. Based on these
Third successful DPS World 2017
textile and its importance. The
Farooq Malik Biennial Assessment Report of projections, global stocks would
conference focused on exchange
was held at Expo Center Lahore on
Advisory Board: GSP+. The Parliament expressed decline to 18.2 million tons with
of research related ideas and
October 20-22, 2017 where a large
Advisory Board:
Dr. Tanveer Hussain satisfaction on the progress projections for global trade to go to
number of visitors from across the
generated results, through
Dr. Tanveer Hussain
country visited. The event proved
keynotes, poster session, panel
Dr. Muhammad Tausif achieved by Pakistan in enacting 9.15 million tons.
to be a great success leading to a
Dr. Muhammad Tausif
Imran Sarwar new laws and developing new discussion, and oral presentations.
number of business opportunities
Imran Sarwar institutions for implementation of ITM Exhibition; in addition of being
The Ministry of Textile Industry has
for digital printing and signage
Marketing Manager 27 core conventions of GSP+ the largest exhibition of Turkey and
revised “PM Exports Package” of
industry. Inaugurated by Mr Tahir
Marketing Manager
Kainat Khan specially the National Action Plan Middle East in its field, is also one
incentives for textile sector
Javed Malik the President of
Sadia Javaid
Sadia Javed for Human Rights. The parliament of the most important
exporters according to which 50%
Lahore Chamber of Commerce,
Saeed Ahmed
Saeed Ahmed hoped that Pakistan would organizations of the industry
of the rate of drawback of local
the event was attended by a large
Abdul Haseeb continue to engage with the EU globally. The ITM 2016 Exhibition,
taxes and levies shall be provided
number of dignitaries who showed
Layouts and ensure to bridge which was held between 1-4 June
without condition of increment. The
great interest in the displayed
Layouts
Faizan Khan implementation gaps during the 2016 with a 100% occupancy rate,
textile division also notified that
digital technology and machinery.
Faizan Khan next two years of reporting on hosted 1200 exhibitors and
The exhibition covered two halls
duty drawbacks under this order
Marketing Incharge GSP+. The Committee on representatives and approximately
where one was precisely projecting
shall be allowed for exports goods
Circulation Incharge
declaration at the rate of 7% for
the textile digital printing while the
Abdul Mughees International Trade also agreed to 50,000 visitors from 76 countries
other displayed a large number of
garments, 6% for made-ups, 5%
Abdul Mughees
Abdullah Khalid deliberate upon possibility of worldwide. A new record will be
digital printing and signage related
for processed fabrics, 4 % for
up-scaling relationship with broken on both exhibitor and visitor
machinery from the leading
greige fabric and yarn.
Adddress Pakistan from a beneficiary of basis at the ITM 2018 where all the
Adddress
companies in the world. The
C-302, City Towers GSP+ Scheme to an FTA partner halls are full of.
C-302, City Towers
exhibition also introduced a large
Main Boulevard, Gulberg II in future. The process of The Cotton Crop Assessment
Main Boulevard, Gulberg II
number of latest trends and
Committee (CCAC) estimated
Lahore-Pakistan monitoring of compliance of GSP+ ITM 2018 will become a textile
Lahore-Pakistan
that the cotton crop output at
technologies to the digital textile
for next biennial assessment report technology feast with the
and signage market.
12.60 million bales for the crop
Phone: + 92 42 35 788 700 for 2018-2019 would start in March participation of the leaders of the
Phone: + 92 42 35 788 700
season 2017-18. The 2nd
Fax: + 92 42 35 788 700 2018 by the European textile world, those serve in all the
Fax: + 92 42 35 788 700
meeting of CCAC held with
The 1st International Conference
Federal Secretary Ministry of
on Technical Textile highlighted the
Commission. subsectors of the industry, from
Email: info@textalks.com importance of technical textile cotton to yarn, weaving to knitting
Email: info@textalks.com
Commerce and Textile Industry
providing a platform for the textile
Skype: textalks Global cotton consumption is and digital printing to dyeing and
Hassan Iqbal in the chair. It was
Skype: textalks
industry on November 9-10th 2017
informed that cotton crop had
projected to continue to grow in finishing. ITM 2018, which will host
at the National Textile University,
been cultivated over 1,865
www.textalks.com 2018/19 based on global the worldwide product launches of
www.textalks.com
hectares of land in KP, whereas
Faisalabad, Pakistan. The event
economic expansion, an expected many domestic and international
about 90 % crop picking had
proved to be an influential platform
acceleration of consumer demand companies, is also drawing
completed and average 15-18
for the enhancing the knowledge
for textiles, manufacturing growth attention with the growing stand
and expertise related to technical
munds crop achieved.
for cotton, and rising environmental areas and machinery trails of the
and production costs for producers compared to the
synthetics. Current estimates for predecessor ITM's.
February/March 2018
November/December 2017