Pakistan Readymade Garments Manufacturers & Exporters Association (PRGMEA) and China Chamber of Commerce for Import and Export of Textile and Apparel (CCCT) have inked a memorandum of understanding (MoU) to promote and expand cooperation between Pakistan and Chinese textile and apparel companies. The MoU was signed during China Asia Textile Forum 2016 at Shanghai. Ijaz Khokhar, Chief Co-ordinator inked the MoU on behalf of PRGMEA while CCCT was represented by its chairman Jiang Hui.
The guest speaker from Pakistan side, Khokhar also made a presentation on Pakistan textile and apparel sector at China Asia Textile Forum. The forum was attended by major apparel associations and many leading Chinese garment companies from the whole Asia.
As per the MoU, PRGMEA will provide visa assistance to Chinese companies through invitation letters. In first phase, CCCT delegation is visiting Pakistan to attend Texpo Fair being held first time in Pakistan from April 7 to 10. PRGMEA will arrange factory visits for Chinese delegation, and B2B meetings with its members. PRGMEA also plans to arrange a trade delegation to visit China by the end of this year. It is expected that Chinese companies will establish their units at CPEC Economic zones through joint ventures of the local companies, with PRGMEA playing leading role after striking this deal with CCCT.
Both, PRGMEA and CCCT have also agreed to deal with managing business contacts, seminars, business meetings, presentations, exhibitions, fairs holdings and other arrangements to make potential partners and export possibilities available in the two countries.
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