Page 24 - July-August-2018
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Derick Melander, clothing sculptures
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                   Pakistan embassy co-hosted


                     Pak-Korea business forum                                                                                  The only thing more amazing than our





            The very first Pakistan-Korea Culture has been    businessmen, workers and students.                               technology is what weavers do with it
            co-hosted by Embassy of Pakistan and International
            Food and Culture Exchange Association of Korea. At   Mr Cho Kyung, Congressman and Chairman
            the event by the Pakistani Ambassador, Mr Rahim   Financial Committee, National Assembly of South                  Discover how at itemagroup.com
            Hayat Qureshi, many similarities between the two   Korea, lauded the effort of bringing Pakistani and
            countries were highlighted such as independence   Korean people together through food, culture and
            from colonial rule, language, culture, family     business.
            orientation and several more.
                                                              Ms Ryoo, the Chairperson of International Food and
            According to Mr Rahim Hayat Qureshi, Pakistan     Culture Exchange Association Korea said, “We are
            being the 6th largest populated country with 80   very proud of this collaboration with Embassy of
            million people in the middle class bracket is an ideal   Pakistan and would like to organize such more                                                                                                 3 technologies, 1 brand
            country for investment. Currently, more than 12000   events for the benefit of the people of both
            Pakistani are settled in South Korea including    countries”.                                                                                                                                           Rapier








                                                                                                                                                                                                                     Airjet

                US suspends duty-free status



                       for apparel imports from                                                                                                                                                                      Projectile



                             Rwanda under AGOA





             President Donald Trump has suspended the rights   highlighted that this move will affect approx. $1.5
             of duty free imports of all apparel items from   million Rwanda exports. It does not affect majority
             Rwanda under the African Growth and Opportunity   of Rwanda’s exports but will to nearly 3% of its total
             Act (AGOA). However, non-apparel benefits under   exports to the US.
             AGOA are still intact. He believes that instead of                                                                                                  Lahore                                              www.itemagroup.com
                                                                                                                                                                                                                     contact@itemagroup.com
             terminating Rwanda from being AGOA beneficiary,   To promote local industry, in 2016, Kenya, Rwanda,                                              Est. October 2017
             suspension of some benefits is the appropriate   Uganda and Tanzania increased duties on used
             remedy right now.                                clothing and shoes. But in 2017, a petition was filed
                                                              by the Secondary Materials and Recycled Textiles                              Our brand-new high-tech training center is now open
             Mr C.J. Mahoney, Deputy US Trade Representative   Association (SMART), representing US argued that                          in Lahore. Book your visit by contacting Noon International,
             (USTR), expressed his dismay on the suspension   the increase violated AGOA and all except Rwanda                                                                                                         Exclusive Sales and
             and hopes that it is temporary. He further       rolled back the duty increases.                                                     Itema’s exclusive sales agent in Pakistan                         Service Agent in Pakistan

                                                                                                                                                                                                                    Phone +92 42 353 23 706-9
                                                                                                                                                                                                                      sales@noon.com.pk
                                                                                                                                                                                                                       www.noon.com.pk
                July/August 2018
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