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Yarn shortage pushing industries towards closure Textile exporters say exports have dropped drastically , warn of massive layoffs KARACHI: Textile exporters have lamented that the aggravating cotton yarn crisis due to its shortage has caused a drastic decline in exports, pushing industries on the verge of closure and sparking fears of layoffs of millions of workers. At a joint press conference of various textile associations, Pakistan Apparel Forum Chairman Jawed Bilwani said, “The government has closed its eyes on the hoarding of cotton yarn and cartelisation, which can be dealt with as per law under the Price Control and Prevention of Profiteering and Hoarding Act 1977 and Competition Act of Pakistan 2010.” ....
Pakistan textile sector disappointed with govt u-turn pakistantelegraph.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pakistantelegraph.com Daily Mail and Mail on Sunday newspapers.
Pakistan s textile sector is disappointed by the government s decision to not allow the import of Indian cotton and has said that buying cotton from the neighbouring country is the need of the hour to avert big loss to textile exports. Pakistan Apparel Forum chairman Jawed Bilwani on Thursday said the rejection by the country s cabinet of the Economic Coordination Committee s (ECC) proposal would convey a negative message to foreign buyers as the cotton yarn was not available in the country, Pakistani newspaper Dawn reported. The textile export sector has been continuously demanding duty-free import of cotton yarn from all over the world, including India, to avert any big loss to textile exports. ....
'No trade ties with India till review of 2019 decision on J&K': Imran Khan msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
Pakistan textile sector disappointed with Imran Khan govt s u-turn on Indian cotton imports ANI | Updated: Apr 02, 2021 10:08 IST Islamabad [Pakistan], April 2 (ANI): Pakistan s textile sector is disappointed by the government s decision to not allow the import of Indian cotton and has said that buying cotton from the neighbouring country is the need of the hour to avert big loss to textile exports. Pakistan Apparel Forum chairman Jawed Bilwani on Thursday said the rejection by the country s cabinet of the Economic Coordination Committee s (ECC) proposal would convey a negative message to foreign buyers as the cotton yarn was not available in the country, Pakistani newspaper Dawn reported. ....