PAKISTAN’S 10 “biggest” textile and garments factories which are exporting worldwide have committed to supply textile and fabrics for Philippine garment exporters given the Philippines’s “unrivaled” access to key markets, according to the Philippine Exporters Confederation Inc. (Philexport). Philexport said Robert Young, Trustee for textile, yarn and fabric sector of…
PAKISTAN’S 10 “biggest” textile and garments factories which are exporting worldwide have committed to supply textile and fabrics for Philippine garment exporters given the Philippines’s “unrivaled” access to key markets, according to the Philippine Exporters Confederation Inc. .
He emphasized that “[these garment exporters] rely solely on imported materials as the Philippines has no such industry.” Meanwhile, Young said that with the Philippines’s present free trade agreements such as the Regional Comprehensive Economic Partnership , and other forthcoming FTAs and the recent economic reforms and the amended Foreign Investments Act, Philippine Consul General Imran Yousuf and Economic Diplomatic officer Digna Khan both said they plan to pay a business visit soon.
“[It is also] importing garments, textile, apparel manufacturing, as Other made textile articles, sets, worn clothing and worn textile articles, rags [amounting] at US$6.7 million in 2022,” heHe cited some Pakistani companies’ investments in the Philippines: TRG Philippines in Manila of TRG Pakistan Ltd., Getz Pharma Philippines of Getz Pharma Pakistan, and Royal Life Pharma, a joint venture in Batangas, Philippines from Pakistan.
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