Pakistan's textile sector, a cornerstone of the country's economy, witnessed a modest growth in exports during March, despite facing several challenges. According to data released by the Pakistan Bureau of Statistics (PBS), textile exports recorded a meager increase of 3.29 percent to $1.299 billion in March compared to the same period last year. However, on a month-on-month basis, exports dipped by 7.67 percent, reflecting the volatility and complexities within the industry.
Uzbekistan’s textile industry stands at a critical juncture, poised for growth but facing significant challenges that hinder its full potential. President Shavkat Mirziyoyev’s recent government meeting highlighted both the achievements and obstacles encountered by the industry, shedding light on the path forward for sustainable development.
China's textile sector is demonstrating robust growth, with major firms reporting impressive profits in the first two months of 2024. Official data reveals that the total profits of leading textile enterprises surged to 18.2 billion yuan, equivalent to approximately $2.56 billion USD during this period.
President of Turkmenistan, Serdar Berdimuhamedov, has expressed keen interest in establishing a textile factory in Tajikistan through collaboration between the two nations. In response, Tajikistan has conveyed its willingness to study the proposal, signaling a potential partnership in the textile sector.
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