Texpo 2016 begins in Karachi

Texpo 2016 begins in Karachi
Pakistan’s first textile sector exhibition Texpo 2016 got underway in Karachi on Thursday with an objective to build a strong business relationship of the country’s exporters with global textile importers.
The exhibition at Karachi Expo Center was jointly inaugurated by Pakistani Commerce Minister Khurram Dastgir Khan and his Sri Lankan counterpart Rishad Bathiudeen. The Lankan Minister is leading a 15-member delegation to attend the textile sector-specific exhibition.
Pakistan’s textile sector is expected to grow strongly in the coming years due to addition of the LNG in Pakistan’s energy mix in recent months. Pakistan already enjoys GSP Plus status with the European Union which is also contributing to enhance growth in the textile sector.
Organised by the Trade Development Authority of Pakistan in collaboration with the Commerce Ministry, Texpo 2016 has over 350 stalls displaying all ranges of textile products from yarn to value-added textile products from premier Pakistani brands. The exhibition will be on till April 10.
Major textiles associations like TMA, PRGMEA, Carpet Association, PHMA, Sports Goods Association, APUBMA, PTEA, PTA, PLGMEA are showcasing the trendy and stylish textile products of Pakistan.
Texpo 2016 has drawn over 600 foreign delegates from 51 countries. Among them are top Sri Lankan brands Hameedia, Fashion Bug, Hydra, Hafyar, Cliftex and Afra Fashion (Sri Lanka) are among those attending Texpo, 2016.
Ahead of inaugurating the exhibition, Bathiudeen met Governor of the Sindh Province Dr. Ishratul Ebad. During the meeting, the two sides agreed to promote bilateral trade between the two friendly countries.
Bathiudeen said the free trade agreement (FTA) signed by the two countries in 2001 has helped boost bilateral trade.