Textile body, British chamber to deepen cooperation

LAHORE:

A comprehensive agreement has been reached between the Greater Birmingham Chamber of Commerce (GBCC) and the Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA), to promote mutual cooperation and enhance bilateral trade between Pakistan and the United Kingdom.

This landmark agreement underscores the commitment to strengthen commercial and industrial ties between the private sectors of both nations.

In this context, a Memorandum of Cooperation (MoU) was signed between the two entities. The agreement, which can potentially boost textile exports, was aimed at engaging in talks and networking opportunities between industry leaders from Pakistan and the UK.

According to the MoU, GBCC and PRGMEA agreed to build a reliable, pragmatic and beneficial relationship, besides initiating effective and cordial relations between the two associations through increased cooperation between industrialists, entrepreneurs and entrepreneurs.

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PRGMEA Central Chairman Mubashar Naseer Butt said that both organizations agreed to enhance development and interaction and the MoU should be favorable to both.

He added that both sides agreed that there should be maximum dissemination of information, which could lead to further promotion of trade and industry and benefit exporters, industrialists and entrepreneurs.

Naseer said both organizations agreed that the initiative was meant to be pioneering and recognized the importance of mutual cooperation.

Speaking on the occasion, GBCC President Dr Nasir Awan argued that the Greater Birmingham Chamber worked to connect, support and develop local businesses located in Birmingham, while PRGMEA, which represented manufacturers and exporters in the ready-made industry garments of Pakistan, wished to become a partner and extend all support, cooperation and assistance.

Both organizations agreed on the importance of developing concrete proposals and recommendations to promote trade and industrial activities in their respective countries. They committed to safeguarding investments and promoting bilateral activities among their members.

Published in The Express Tribune, March 9^u2024.

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