Pakistan's textile, clothing and footwear will benefit with a reduction in duty by the Australian Government. Engineer Khurram Dastgir Khan and Commerce Minister, Pakistan revealed this after a meeting with the Australian High Commissioner. Due to the consistent efforts by incumbent government, especially the Commerce Ministry, Australia has slashed duty on Pakistani products, mainly textile products by 50 per cent—from 10 per cent to five per cent.

Duty is slashed on 226 tariff lines. Of these, only eight are non-textile items and the remaining 218 are related to the textile sector, of which 63 are home textile. Australia has slashed duty on items of Pakistan's interests and expertise.

Khan added that the Commerce Ministry would chalk out a plan, aimed at facilitating Pakistani textile sector entrepreneurs with Australian buyers. Besides, an Australian trade mission would visit Pakistan in October 2015 to review the current state of bilateral trade relationship. He further mentioned that Pakistan has requested Australia to include Iran in regional connectivity agenda, and they were quite positive about it. Textile, leather, cotton, etc, is exported by Pakistan and at present, the country’s hopes for Australia’s support in agriculture, and to facilitate access of Pakistani dates and Kinnows to the Australian market.

In 2013-14, trade between the two countries was about $550 million and trade balance is almost same for the two countries.