Page 25 - July-August-2018
P. 25

Derick Melander, clothing sculptures
 24


 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
   20   21   22   23   24   25   26   27   28   29   30