Daily Times Ambassador-designate to Netherlands visits Sialkot on PRGMEA invitation
July 6, 2021
Pakistan Ambassador-designate to the Netherlands Suljuk Mustansir Tarar has pledged to encourage Dutch investors to explore Pakistan for possible joint ventures and investment in conventional and non-conventional sectors, besides promoting new sectors and areas in exports to the Netherlands.
The newly-appointed Pakistani envoy visited Sialkot on invitation of the Pakistan Readymade Garments Manufacturers & Exporters Association where he held separate meetings at the Sialkot Chamber as well as at the PRGMEA to have detailed discussions on value-added industry’s of export-oriented city.
Addressing the meeting at PRGMEA House, the Ambassador said that the efforts of PRGMEA in promoting value-added exports are commendable. He said that the purpose of his visit to Sialkot was to enhance contacts and exchange information for the promotion of trade between Pakistan and the Netherlands.
Textile exporters ask for custom free yarn import
Business
January 6, 2021
KARACHI: Demanding full liberty to import yarn to complete export orders, the value-added textile exporters on Tuesday urged the government to remove 5.0 percent custom duty on import of 32 single yarns and below count until cotton yarn scarcity was controlled. Due to the unavailability of cotton yarn, the prices of cotton yarn have increased by 9.62 percent, which upshot the cost of manufacturing, pushing the exporters towards an unviable situation and un-competitiveness, a statement said.
Pakistan Apparel Forum Chairman Muhammad Jawed Bilwani said exporters were unable to meet export commitments because the market had substandard cotton yarn.