The possibility of establishing textile units on joint venture basis between Pakistani and Omani investors would be discussed during the fifth session of Pak-Oman Joint Ministerial Commission (JMC) meeting in Mascat.
According to the Ministry of Textile Industry, the meeting will be held shortly but no date has yet been firmed up. In the last meeting, the two countries had agreed to cooperate in the field of textiles.
Since the Ministry is in the process of finalisation of proposals for the meeting, it has asked All Pakistan Textile Mills Association (Aptma) and ALL Pakistan Textile Exporters Association (Aptea) to provide information on the following:
-- Possibility of establishing joint ventures with the Omani investors in setting up textile units in Pakistan.
-- Any problems faced by exporters of textile goods to Oman.
-- Any other suggestion for increasing export to Oman.
The Ministry of Textile Industry would take up these issues with the government of Oman in the next JMC meeting.
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