Pakistan’s textile industry seeks to expand exports
According to Pakistan’s “Express Forum” report on June 30, the new crown epidemic has dealt a heavy blow to Pakistan’s textile industry. Due to the decline in international demand and domestic economic blockade measures, Pakistan’s textile industry has suffered a revenue loss of 8 billion rupees and a profit loss of 1.6 billion rupees. In order to restore the vitality of the textile industry and boost textile industry exports, the government has recently formulated special policies to encourage the textile industry to expand the production and export of medical supplies such as masks and protective clothing. The chairman of the Pakistan Textile Association said that textile companies will pay more attention to the demand for goods in the health field in the future, which can not only attract the United States, Europe and other countries to purchase related products in Pakistan, but also promote the development of Pakistan’s textile industry and promote the diversification of Pakistan’s exports.
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