Aptma ,German Ministry Sign Sustainable Industry Deal
Business leaders from Germany and Pakistan signed a Declaration of Intent on Thursday to create a sustainable textile industry across the entire value chain.
Acting Chairman of All-Pakistan Textile Mills Association (Punjab Chapter) Syed Ali Ahsan and Dr Ulrike Reviere from German Ministry for Economic Cooperation (BMZ) signed the document on behalf of their respective organizations, media reports said.
Speaking on the occasion, Dr Stefan Oswald, Head of Afghanistan/Pakistan in the German Ministry for Economic Cooperation, said the German ministry of Economic co-operation would continue to support the textile industry, which was the backbone of Pakistan’s economy.
Dr Oswald, also underlined the need for the textile industry to consider the option of using solar energy for heating water in textile processing industry. He also stressed upon the diversification of SPC and termed it crucial for growth of the textile industry in Pakistan.