Pakistani. Dutch Garment Ass’ns Sign Mou On Textile Trade
Asia Pulse via Yahoo! Australia & NZ News
KARACHI, April 3 Asia Pulse – A number of memoranda of understanding (MoUs) were signed on the sidelines of Expo 2014 on March 30 between foreign buyers and local suppliers, raising hopes that the mega event would help in boosting country’s exports.
Pakistan Readymade Garments Manufacturers and Exporters Association (Prgmea) has signed a MoU with its Dutch counterpart for boosting garment and value added textile trade.
Speaking at the MoU signing ceremony Antonio Barberi Ettaro, senior adviser on international trade of Dutch Garment Association (MODINT) said that Pakistan’s garment industry had vast potential to grab a major share in the Dutch market.
The Dutch delegate, who is presently on a visit to Pakistan to attend the grand Expo, informed his hosts that after elimination of textile quota Netherlands was exporting fabrics to the developing countries to convert it into finished garments for re export to the Dutch suppliers.
Mr Ettaro suggested that Pakistan, having a large and well-equipped garment industry, could easily exploit this opportunity to get a strong footing in the European Union market.
(PPI)
