Source: pak observer
A seven member, high level delegation of Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) will be visiting China in first week of May. The delegation will visit Canton Fair in Guangzhou and the cities Shanghai, Yiwu and Keqiao. The purpose of this visit is to assess the Chinese domestic market for Pakistani garments. During the visit, the delegation will hold B2B meetings with garment importers besides meeting their counterparts with various textile associations, chambers of commerce and the Pakistan consulate in Guangzhou and Shanghai. The week long visit has been arranged by the Trade Development Authority of Pakistan.
We are pinning high hopes on this visit which is happening at an exciting time, said Mr. Muhmmad Jawed Chinoy, Zonal Chairman PRGMEA. Pakistan’s garment and textile exports to China is already growing rapidly and with a population of more than 1.3 billion and double digit GDP growth rate for the last 20 years, we think that China will be the largest market for Pakistani garments in the future, he added.
PRGMEA thinks that instead of looking at already saturated markets of US and EU, Pakistani textile and garment exporters should turn their focus on China. We received only empty promises from the west while our economy has been ruined by a war which is not ours, he said. Several factors make China very important and exiting to us at this moment. Pakistan shares very strong brotherly relations with China, besides due to the Pak-China Free Trade Agreement (FTA) import duties on garments are coming down, making Pakistani garments attractive to Chinese importers.