KARACHI: Textiles, being one of the major components of the Pakistan economy, make up around 8.5 per cent of GDP and contribute around 60 per cent to the country’s total exports. However, the textile sector underperformed during the last few years, owing to the power shortages, high manufacturing costs and the lack of research and … Read more
KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has welcomed the signing of business-to-business joint ventures between the private sectors of Pakistan and Uzbekistan, a statement said on Monday. FPCCI president Mian Nasser Hyatt Maggo said that the memoranda of understanding were signed in pharmaceuticals, textiles, leather, petrochemicals and agriculture sectors, it … Read more
ISLAMABAD: Pakistan and Uzbekistan on Wednesday vowed to attract leading companies in pharmaceuticals, textiles, leather, production of construction materials and agriculture industries. The decision was taken during the sixth meeting of the Uzbek-Pakistani Intergovernmental Commission on Trade-Economic and Scientific-Technical Cooperation, which was held in Tashkent. Adviser to the Prime Minister for Commerce and Investment Abdul … Read more
ISLAMABAD: The coronavirus pandemic had restricted the movement of investors, especially from China but it would pick pace once the Covid-19 subsided, a senior government official said. Addressing a conference, organised by the Pakistan-China Institute, Adviser to the Prime Minister on Commerce Razak Dawood said: “More Chinese investors will visit Pakistan to explore the existing … Read more
