Trade delegations hold bilateral business meetings at TEXPO-2016

KARACHI: On the 2nd day of international textile exhibition TEXPO-2016, on Friday, the trade delegations had very successful business meetings which generated serious business leads.

The delegates from South America, Jordan, Japan, Thailand, Indonesia, Nigeria and India held meetings with Chief Executives Officer, Trade Development Authority of Pakistan, S. M. Muneer and TDAP’s Secretary Ms. Rabya Javeri Agha and discussed many trade issues, said a press release.

The delegation from Jordan led by Amman Chamber of Commerce and Textile and Ready-made clothes syndicates shared great enthusiasm for hosting a single country exhibition of Pakistan to be organized by the TDAP in Jordan and also encouraged increased sharing of business delegation between the two countries.

Thailand delegation discussed the signing of Pak-Thailand Free Trade Agreement (FTA) and asserted the significance of early signing of the agreement. They showed keen interest in importing cotton yarn.

Grande Asset of Thailand expressed interest in products of home textile for hospitality industry. The Indian delegation exchanged views regarding great potential for trade between the two countries in the textile sector but also discussed the constraints of trade.

The two leading trade chambers of Pakistan, the FPCCI and the KCCI also held conducive business meetings with delegates from Netherlands, S. Africa, S. America, Spain, Indonesia, Thailand, Jordan, China, Kuwait, India and Nigeria.

The delegates from India, Singapore and Indonesia, showed particular interest in the Pakistani carpets while the delegates from the South American states of Argentina, Brazil and Columbia, expressed the intent to diversify their import range from Pakistan which previously was focused on yarn and raw material.

Yonex, sport’s company from Japan expressed great interest in sportswear and sports socks. Mitsubishi Fashion was keen to explore high value garments. The Towels Manufacturers Association of Pakistan has an entire Hall which has been customized for the showcasing of their exhibits.

The business meetings held between the buyers and exhibitors, yielded some very promising results. China signed an MoU with the Pakistan Leather Garments Manufacturers and Exporters Association while the leather exhibitors closed a business deal worth dollars 11.4 million with buyers invited by the TDAP from Poland and Germany.

The TDAP coordinated and facilitated site visits for the French delegations to familiarize them with the production facilities of the leading textile manufacturers and designers of Pakistan.

The buyers are greatly impressed and highly appreciative of the designing of the exhibition composite which TDAP got custom made for TEXPO 2016.  TDAP was very optimistic about the business generation from TEXPO. APP