The Common Market Of Southeast Africa Supports The Leather Industry With Member States.

< p > > a href= "http://sjfzxm.com/news/index_c.asp" > southeast > /a > the African Common Market (Comesa) is following up commitments made by member governments to purchase shoes from small and medium-sized enterprises to meet the 2% needs of the domestic market.

The Commission of leather and leather products (LLPI) of the southeast African common market group is expected to inject about $25 million into the footwear market to bring growth benefits directly to low-income groups.

< /p >

< p > the southeast African common market has huge demand potential for shoes and leather products. It is estimated that the annual demand for shoes is about 365 million pairs, while the demand for finished leather is about 1 billion square feet.

Professor Mwinyikione, chairman of LLPI, said that the organization will quickly contact relevant government departments and unify the quality standards of footwear industry, so as to set a correct goal for SMEs to meet market demands.

< /p >

< p > the terms of the plan were formally formalized in February and have been initiated since the signing of the cooperation agreement between the southeast African common market and the African Management Service Company (AMSCO) last year.

Under the agreement, AMSCO is committed to supporting the development of private enterprises, especially small and medium-sized enterprises.

LLPI has supported Zimbabwe's leather industry value strategy and is working with Rwanda, Uganda and Sultan for similar projects.

< /p >

< p > > a href= "http://sjfzxm.com/news/index_s.asp" > related links < /a >: the Pakistan Leather Association said that the leather industry is the second largest export earning industry in Pakistan. However, according to the latest statistics released by Pakistan Statistics Bureau, the leather industry accounts for only 4.5% of the total foreign trade export volume, ranking 45% in the textile industry (9%) and third in the chemical industry.

< /p >

< p > < /p >.

< p > the first ten months of this fiscal year (July 2013 to June 2014), the export of Pakistani leather products was US $957 million 500 thousand, an increase of 12% over the same period of 853 million 300 thousand US dollars in the same period last fiscal year.

However, the export of leather goods in April was only 0.29% higher than that in March. The declining trend of leather products exports is an indisputable fact.

The main reason for the reduction of leather exports is the rising production of finished products, limited supply of leather materials and high prices, the severe security situation in Karachi, and the power and gas crisis.

Because of the large number of livestock being smuggled into the surrounding countries, the leather stock of slaughtered animals during the last year of Eid al AdhA is rapidly decreasing, and the tanning industry is also facing difficulties.

In addition, according to a member of the company's exporters and exporters of leather clothing, the rupee's appreciation of the US dollar also has an impact on the profits of the exporters, whose profit margins are currently only 2-5%.

He said that clothing is now being produced in the spring of 2015, but the exporter of leather goods can not offer quotes "/a" to customers "a href=" http://sjfzxm.com/news/index_s.asp due to the fluctuation of Rupee exchange rate.

< /p >