Pakistan News

Textile delegation leaves for Denmark

Textile delegation leaves for Denmark

ISLAMABAD: A seven-member Pakistani textile delegation left for Denmark on Tuesday to explore business opportunities and seek partnership with entrepreneurs.

The visit has been arranged by the Trade Council of the Embassy of Denmark in Pakistan in collaboration with the Danish Fashion and Textile Association.

Pakistani companies which are part of the delegation include Gul Ahmed, Sapphire Textile Mills, Master Textile, Soortey Enterprises Pvt Ltd, Towellers Limited, Image Garments Pvt. Ltd. and VI Sigma.

Commercial Counsellor of the Danish Embassy Assar Qureshi said in a statement that the real potential for trade between the two countries was significantly higher than the current trade volume of around $450 million.

Managing Director of Towellers Limited Pakistan Mehreen Obaid said Pakistan was billed as one of the most attractive textile manufacturing destinations in the region due to its ability to produce yarns and fabric within the country, including an inexpensive and productive labour force allowing for quality manufacturing at affordable pricing.

“We are truly honoured to be hosting such a prominent delegation in Denmark,” said Thomas Klausen, the director of Danish Fashion and Textile Association. “The delegation consists of some of Pakistan’s leading companies, whom we anticipate receiving and introducing them to our Danish members.”

Textile exports constitute almost 10 per cent of Pakistan’s GDP. Apart from having world-class textiles manufacturing, Pakistan’s strength lies in the vertical integration of the industry which stems from being the fourth-largest producer and third-largest consumer of cotton in the world.

Published in Dawn, September 9th, 2015

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