The new USA tariff policy will benefit Pakistan’s exports, particularly the textile sector. Shaikh Shafiq Jhok Wala, Chief Coordinator of the Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA), stated this while speaking as a chief guest at the inauguration of the 29th Textile Asia 2025, which will be held on Saturday at Expo Center, Karachi.

The USA administration’s imposition of heavy tariffs on China and other countries will create a demand for textiles, garments, and various products in the American market, providing an opportunity for Pakistani companies to grow their exports of textiles and garments manifold to this market.

He said the changing international trade climate is challenging but will likely favour Pakistan and its industries and export growth.

He said that the Pakistani government is working to facilitate Chinese and Vietnamese companies in establishing their industrial units in special zones of Pakistan and producing made-in-Pakistan made-ups in collaboration with local investors and industries. These companies will export their brands to Pakistan. In this way, Pakistan will grow its exports to $ 35 billion in the next few years, with a major contribution from the textile sector.

On the occasion, Project Director Textile Asia Muhammad Uzair Nizam said that the overwhelming participation of foreign delegates and national business leaders in the textile trade fair is a testament to the impressive business opportunities and growth in Pakistan.

This trade fair’s objective is to enhance the textile sector’s contribution to national GDP through advancement, innovation, and development. Foreign diplomats, including those from Turkey, China, Germany, and others, attended the session.