Saturday, September 17, 2011

Rana Arif Tauseef and Shahzad Sidddique Elected as Chairman and Vice-chairman of Pakistan Textile Exporters Association (PTEA)

FAISALABAD, Pakistan (Sept. 16) – In the recent elections of Pakistan Textile Exporters Association (PTEA) Rana Arif Tauseef is elected as Chairman for the term of 2011-12; while Shahzad Sidddique is elected as vice-chairman of the Association.

Pakistan Textile Exporters Association (PTEA) Elections 2011-12
Rana Arif Tauseef is a well-known industrialist and brother of Rana Zahid Tauseef, former District Nazim Faisalabad and Rana Asif Tauseef, Minister of State for Privatization, and heads a group of most modern textile mills.

This is second term for Rana Arif Tauseef as Chairman of PTEA while in the past he has served the Association in various other capacities. His first term as Chairman of the Association was in the year 2005-06. He is also serving on boards of many charitable, health and educational institutions, contributing to society.

Presently textile industry is deep in trouble due to many factors mainly high-utility cost, trade deficit, additional levies as well as law and order situation emerging out of the war against terror and other barrier directly affecting the cost of running-business, which is hampered exports of the country.

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