According to Pakistan’s “Express Forum” report on the 14th, Pakistani Prime Minister’s Commercial Advisor Dawood said at the opening ceremony of the 35th International Fashion Federation World Fashion Conference that the China-Pakistan Free Trade Agreement The second phase is about to take effect and will provide a rare opportunity for Pakistan’s garment industry to export to China.
Daoud said that increasing exports is one of the core of Pakistan’s economic policy, and Pakistan will overcome trade and current account deficits to promote economic development by expanding exports. After the implementation of the second phase of the China-Pakistan Free Trade Agreement, all major export products of Pakistan, especially textile products, will have easier access to the Chinese market. Chinese textile companies are exploring cooperation opportunities in the textile field in Lahore and Faisalabad and setting up branches in some areas. Daoud also said that with the strong support of the government, Pakistan’s garment industry continues to move forward, exports have increased steadily, and Pakistan’s garment industry is strengthening the research and development and production of high value-added products.
