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PM urged to order forensic audit to break cotton cartel - Newspaper

Pakistan’s readymade garments industry has called upon Prime Minister Imran Khan to order a forensic audit of yarn producers to break their cartel. AFP/File LAHORE: Pakistan’s readymade garments industry has called upon Prime Minister Imran Khan to order a forensic audit of yarn producers to break their cartel in line with the actions taken by his administration against the sugar cartel. In a letter addressed to the prime minister, the Pakistan Readymade Garments Manufacturers and Exporters Association (Prgmea) pointed out that the yarn producers have increased the rates of yarn by more than 40 per cent despite declining prices of cotton in the international market, hitting the apparel sector exports.

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