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Pak seeks investment in textile sector from China

Advisor to the Pakistani prime minister on commerce Abdul Razak Dawood recently urged a visiting delegation from the China National Textile & Apparel Council (CNTAC) to cooperate in the textile sector. The delegation examined the business environment in Pakistan for future investment and expressed interest to invest in textile research centres and stitching labs. The China–Pakistan Economic Corridor (CPEC) had opened huge investment opportunities in Pakistan and in the wake of the China-Pakistan free trade agreement phase-II, cooperation between the two countries is growing due to the grant of extended access for Pakistani products to the Chinese market, Pakistani media repowers quoted Dawood as saying.

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