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4th edition of Inspiring Change
Editor-in-Chief Conference (ICC 2021) in September;
Yousaf Fareed
State Bank to facilitate the exporters;
Editor
Hassan Saeed Great potential of Pakistan textile sector
Sub-Editor
Dr Sharjeel Abid Inspiring Change Conference (ICC) transactions through the Pakistan
Noor Amjad 2021 is the 4th International Single Window when it becomes
Conference on Textiles, organized
operational. This will eliminate the
Qudsia Rahim by TEXtalks International in requirement of Electronic Form-E
Dr Shagufta Riaz collaboration with Cotton Council (EFE) for carrying out exports from
International USA, at Lahore from Pakistan.
Advisory Board: 16-17 September. This year, ICC
Dr. Tanveer Hussain 2021 has a theme to discussing The textile industry is the largest
Dr. Muhammad Tausif pandemic issues and the Global manufacturing industry in Pakistan.
Sustainable Solutions for the Textile Pakistan is the 8th largest exporter
Marketing Executives Industry. Pakistan is one of the of textile commodities in Asia. The
textile sector contributes 8.5% to
Memona Karim countries for whom the pandemic the GDP of Pakistan. In addition,
Memona Irum was a blessing in disguise. the sector employs about 45% of
the total labor force in the country
One of the excellent features of the
Layouts coming ICC 2021 is the (and 38% of the manufacturing
Faizan Khan introduction of a new section, “The workers). Pakistan is also having a
What’s New section.” The What’s good time with a tremendous
increase in exports. According to
Legal Affairs New section will feature the latest the Pakistan Bureau of Statistics
Syed Khalid Javaid Bukhari innovations in the world of textiles. (PBS), the exports in March 2021
Advocate Supreme Court It could prove to be the right were $ 2,365 million (provisional)
platform for introducing your as compared to $ 2,068 million
Marketing Incharge innovations to the textile world, (provisional) in February 2021,
Tanveer Ahmed which will lead to the most showing an increase of 14.36%
incredible business opportunity for and by 30.66% as compared to $
Circulation your innovations. 1,810 million in March 2020. In
Muhammad Sajid June 2020, Pakistan's exports were
The state bank of Pakistan (SBP) $ 2,692 million. Pakistan's textile
has amended old regulations to
Address facilitate the country’s exporters exports to the U.S increased in the
C-302, City Towers after the budget’s approval. SBP first five months of 2021, with a
share of 3.53% of the total U.S
Main Boulevard, Gulberg II has notified revisions in foreign textile imports. Overall, exports of
Lahore-Pakistan exchange regulations for export of home textile products were up by
goods from Pakistan. In this 27% to US$ 3.642 billion in
Phone: + 92 42 35 788 700 regard, now Chapter 12 of the FE July-May against US$ 2.879 billion
Fax: + 92 42 35 788 700 Manual relating to exports has over the last year, followed by a 16
been revised. Several significant percent increase in men's
Email: info@textalks.com changes have been made in the garments to US$ 3.505 billion
revised chapter to streamline the
Skype: textalks against US$ 3.019 billion last year.
existing instructions, remove For %, the exports to the U.S
redundancies and delegate more
www.textalks.com powers to the Authorized Dealers. increased +22.20% ($ 3471.150
million) than the previous year.
One of the highlights of the However, with a share of 28.19%,
changes includes amendments in China was the top textile exporter
regulations to facilitate export to the U.S.
July/August 2021 July/August 2021
