$14b textile products export target achieved

[Windjammer]

Islamabad—The target for export of textile products for fiscal year 2010-11 was set as US$ 10 billion that was surpassed and the actual export growth was recorder as US$ 14 billion.

Minister of State for Commerce, Abbas Sarfaraz replying to a question during Question hour in the National Assembly, informed the House that the target set for export of textile products for the fiscal year 2011-12 is US$ 15 billion.

He said the ministry has taken several steps to enhance the export of textile products including initiative for greater market access through local and foreign exhibitions and meaningful participation of national and international buyers and sellers.

He said the ministry participated in 15 international exhibitions of textile in 2010-11 and 14 in 2011-12 and has planned to participate in 16 international exhibitions in 2012-13. He said that the ministry organizes the annual event of Expo Pakistan where textile importers directly negotiate with the Pakistani exporters and a considerable numbers of business orders take place every year.

He said the ministry is focusing on exploring the feasibility of preferential trade agreements (PTAs) and foreign trade agreements (FTAs) to enhance the exports of garment sector.

The minister said the ministry is also working to promote country trade with other countries and to ensure optimum market access opportunities for core export products in global markets.

He said an amount of 3196.9 US$ million has been incurred, by the public and private sector, on the import of chemical fertilizers during the year 2008 till present.

$14b textile products export target achieved

A little motivation and Sky is the limit.
Imagine exceeding the designated target, despite the floods ruining the Cotton Crops and all the power shortages.

 

[Baby Leone]

2010/11:S WTF?

we have just passed FY 2011/12

 

[Xestan]

Despite the power shortage, the industry is still trying hard, imagine if we solve the power crisis, Pakistanis await a bright future Insha'Allah

 

[American Pakistani]

Good but 14 bn is very low, this figure should come from just one province.

 

[Pak47]

Every time i go to a store.. My brother and I always have a little competition.. Rules are simple.. 1st one to find something made in Pakistan wins!

& Most towels imported by the U.S are made in Pakistan and India.

There are also clothes, and sports equipment..

my brother and I always find it in textiles.. i await the day.. we can find it in shoe's or furniture.

 

[RiazHaq]

What the world should believe?????????????



US $ 14 billion is low for $ 170 billion economy??

Believe the $14 billion textiles exports out of total $23 billion in 2011-12.

And yes, $23 billion exports are small for a $220 billion economy. The flip-side is that Pak economy is less dependent on export markets than India & China....and that's a good thing in a slowing global economy, particular slow western economies.

 

[z9-ec]

US $ 14 billion is low for $ 170 billion economy??

Pakistan's GDP is not 170 billion it is $235 billion for FY 11/12.

 

[Haseebullah]

I no longer believe in the figures issued by this government.

I will believe when i see some changes!

 

[Bhai Zakir]

@ Zakii

why have u deleted my post??

Which rule it violated??

I have posted news from pakistani newspaper to prove that the textile target is not achieved and this thread is based on a fake news. I have even posted the statement of the chairman of pakistani textile association with links.

Instead of deleting this thread u have deleted my post. It must be done accidentally plz restore it.