APTMA appreciates Trump's statement on regional stability, economic ties

May 12, 2025 (MLN): The All Pakistan Textile Mills Association (APTMA) has expressed its appreciation for the recent statement issued by U.S. President Donald J. Trump, emphasizing peace, diplomacy, and regional stability.

APTMA welcomed this positive message of goodwill toward Pakistan, noting the encouraging prospect of increased trade with the U.S.

President Trump’s commitment to "substantially" increase trade with Pakistan is seen as a hopeful signal for the future of U.S.-Pakistan economic relations, particularly in the textile sector.

Textiles remain the backbone of Pakistan's export economy, providing employment to millions, according to the notification issued by APTMA.

This statement serves as a timely acknowledgment of the critical role that trade can play in strengthening economic ties between the two nations.

The U.S. continues to be Pakistan’s largest export destination, with textiles accounting for nearly 80% of Pakistan’s total exports to the American market.

Pakistan's textile industry spans the entire value chain, producing and exporting a diverse range of textile products.

Furthermore, Pakistan is the second-largest importer of U.S. cotton and has been actively increasing cotton imports to address trade imbalances.

APTMA hopes that the U.S. will consider reducing existing and proposed tariffs on Pakistani exports, thereby facilitating better market access and unlocking greater trade opportunities.

Additionally, APTMA supports international initiatives, particularly those led by the U.S., aimed at fostering peace and stability in South Asia.

These efforts, including the resolution of long-standing disputes through dialogue and understanding, are crucial for regional harmony.

APTMA recognizes the deep connection between economic cooperation and regional stability, and the association remains dedicated to promoting peace through trade-driven engagement.

Looking ahead, APTMA is optimistic about building a resilient, mutually beneficial trade partnership between the U.S. and Pakistan, grounded in respect, national sovereignty, and shared economic objectives.

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