The foreign textile buying companies has recently suggested the government to set up a central compliance center in Pakistan in order to improve manufacturers’ compliance with social standards which is a key determinant to clothing imports from the country.
Commerce Division of commerce ministry and Trade Development Authority of Pakistan hosted the first buying and sourcing houses symposium in which a large number of representatives from foreign buying houses, including Ikea, H&M, Marks and Spencer and Inditex participated.
The buying houses, sharing proposals to make Pakistan an attractive destination for sourcing by the international buyers, said the government may consider setting up sourcing parks to ensure all facilities through a one-window facility.
According to the buyers a national compliance centre may be set up which coordinates the improvement of compliances on cooperative model to improve social compliances by the manufacturers, which are increasingly becoming an important critical determinant of sourcing decisions. Ministry of commerce has been in the process of formulation of strategic trade policy framework for the period 2018-23 and the objective of the symposium is to consult the buying and sourcing houses for the policy formulation. The information is provided by the official sources. The Gov. has showed hope on textile exports, which account for more than 60 percent of the country’s total annual exports, to give impetus to the country’s exports.