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Pakistan'S Textile Exports Are Lower Than Those Of Some Southeast Asian Countries.

2019/12/13 17:02:00 0

PakistanTextile Exports

According to the Pakistan forum express December 9th, Pakistan textile exports reached US $3 billion 300 million in the first quarter of this fiscal year, which is expected to achieve the goal of exporting US $13 billion 300 million over the previous fiscal year in the current fiscal year. Pakistan is a large textile country with a long history of textile manufacturing and a large number of cheap labor. However, the volume of textile exports in Pakistan is not high, especially compared with some Southeast Asian countries, such as Bangladesh's annual exports of textiles, 39 billion US dollars and Vietnam's 38 billion US dollars. The Pakistan industry appealed to the government to increase its support for the textile industry. First, to implement a fair tax and rebate system, giving more preferential tax to the textile industry; two, to strengthen the use of foreign capital, encourage foreign investors to invest in the textile industry in Pakistan, and three, improve the textile design and Fashion Institute, and upgrade the level of technology and talents in the industry.

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