Ministers welcome growth in Pakistan-China footwear relations
The ninth Pakistan Footwear Material and Machinery Show opened in Lahore on August 11. Commerce minister, Abdul Aleem Khan, and commerce minister, Jam Kamal, presided over the opening of the event.
Both ministers highlighted the importance to Pakistan of fostering international business relationships, especially with China.
Senior representatives of six prominent Chinese footwear industry associations were in attendance.
Jam Kamal commented: “The participation of Chinese investors at this show is a significant step toward attracting foreign direct investment in Pakistan’s shoemaking industry, which holds enormous potential for export growth, job creation, and technological transfer, crucial for our economic growth and development.”
Pakistan’s footwear industry saw a 22% fall in footwear export revenues from July 2023 to June 2024, to $162 million. Exports of leather footwear contributed $125 million to the total.
