Apparel Board to be set up soon

Saturday, April 12, 2008
By our correspondent

KARACHI: Federal Commerce Minister Shahid Khaqan Abbasi has assured the Pakistan Apparel Forum (PAF) that the government will establish an Apparel Board in his ministry soon.

The proposal for forming an Apparel Board in the commerce ministry was floated by a delegation of PAF in Islamabad, led by M Naqi Bari, Chairman PAF.

Abbasi agreed to the proposal, in a meeting with the delegation the other day, said a PAF handout issued on Friday.

The formation of the board would help in resolving the problems of the apparel industry swiftly, said the delegates.

The Minister also assured the delegation of providing a level playing field to their industry, and stressed upon them to prepare a comparative study in respect of India and Bangladesh. The study would help the industry compete in the international markets, Abbasi added. He hoped that the study would increase the exports of apparel.

http://www.thenews.com.pk/daily_detail.asp?id=106213

Khaqan to open South Asian Tax Summit

Staff Report

KARACHI: The federal commerce minister, Shahid Khaqan Abbasi will inaugurate the South Asian Tax Summit 2008 besides speaking on fiscal and trade policies of SAARC Region-Vision 2020. In a joint statement here on Saturday, Abdul Qadir Memon president, Income Tax Bar Association of Karachi (ITBAK) and S M Shabbar Zaidi, president SAFA said two-day South Asian Summit would provide a platform to restructure the regional tax system.

We will also try to organise this summit in other countries of the region in order to strengthen the regional tax system, they added.

http://www.dailytimes.com.pk/default.asp?p...13-4-2008_pg5_8