A meeting of the leading exporters of Pakistan was held at TDAP Karachi, chaired by its CEO Tariq Iqbal Puri. Federal Advisor Textile Dr Mirza Ikhtiar Baig and Chairman Gul Ahmed Bashir Ali Mohammad also attended the meeting. TDAP has given a presentation on the potential of trade with China and to recommend additional items from the various sectors for zero rating of the custom duty by the government of China in the second phase of FTA.
Dr Baig informed that there exists a great potential to enhance the export of our textile products and China has already started buying yarn, fabric and other textile products from Pakistan to cater to the need of their large domestic market. Tariq Puri said that we should only recommend our items for tariff reduction, which are competitive and have exportable surplus so that our exports could increase. Bashir Ali Mohammad advised participants that our textile industries develop Chinese local brands to cater to the needs of their domestic commerce. Dr Baig explained exporters to benefit from Chinese brands strategy "Brand incubator" to develop new brands for commercial purposes.-PR
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