Page 5 - February-March-2018
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                                           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
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