Germany provides financial fillip for Pakistan’s textile industry

Islamabad - Germany is to provide a €7.5 million grant to Pakistan aimed at boosting the environmental performance of the country's textile industry.
The agreement signed between Germany's Ministry of Commerce and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) and Pakistan is part of a support package for two projects including the “Improvement of Labour, Social and Environmental Standards in Pakistan’s Textile Industry'.
The funds will also be used to increase the competitiveness of Pakistan's textile with investment in new, environmentally friendly manufacturing technology while also fostering innovation, research and development.
There will also be a focus on improving labour conditions, compliance standards and resource efficiency. This will include campaigns aimed at improving the occupational safety and health standards particularly for small and medium enterprises to achieve international certifications in labour and environmental standards.