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Carpet exports face hurdles

Carpet exports face hurdles APP January 26, 2021 LAHORE: The business community has welcomed the decision of the State Bank of Pakistan (SBP) to maintain the policy rate and called for slashing it further in a bid to boost economic activities in the country. Speaking at a meeting on Monday, Pakistan Carpet Manufacturers and Exporters Association (PCMEA) Senior Vice Chairman Riaz Ahmed said if the vision, discussed by SBP Governor Reza Baqir on Friday, was implemented in its true spirit, then the business community would welcome it. “However, some conditions put forward by the central bank are causing difficulties in the export of handmade carpets, which should be removed immediately,” he said. “Pakistan’s hand-woven carpets have a unique identity across the world but due to unfavuorable conditions, other countries are strengthening their hold in the global market in this segment.”

Carpet industry demands relief in sea, air freight to boost exports

Carpet industry demands relief in sea, air freight to boost exports   Published On He also requested the members to share their views for single country exhibition ISLAMABAD (Dunya News) – Pakistan Carpet Manufacturers and Exporters Association (PCMEA) Senior Vice Chairman Riaz Ahmed Tuesday urged the concerned authorities to give carpet industry a special relief both for sea and air freight to help oncrease the volume of exports of the country. He expressed these views in a Circle Committee Meeting of PCMEA held here at Association s Office in which a number of participants including Azeem Butt, Mian Attiq-ur-Rehman, Anwar Mahmood, Ali Asghar Chawla, Daniyaal Hanif, Faisal Saeed Khan, Muhammad Ali Iftikhar and Ali Manzoor Malik shared their views and presented different suggestions to resolve the issues being faced by carpet industry,said a statement issued by PCMEA.

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