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Govt about-turn on Indian cotton imports irks textile sector - Newspaper


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. AFP/File
KARACHI: The federal cabinet’s decision to defer the Economic Coordination Committee’s (ECC) decision of allowing the import of cotton and cotton yarn from India through land and sea routes has annoyed the textile sector.
Pakistan Apparel Forum chairman Jawed Bilwani on Thursday said the federal cabinet’s decision had disappointed the textile export industry. He described Commerce Adviser Abdul Razak Dawood’s recommendation to allow import of cotton yarn from India as realistic and the need of the hour. The federal cabinet, he added, must accord serious considerations to it. ....

Madhya Pradesh , Abdul Razak Dawood , Economic Coordination Committee , Pakistan Apparel Forum , Apparel Forum , Jawed Bilwani , Commerce Adviser Abdul Razak Dawood , மத்யா பிரதேஷ் , அப்துல் ர்யாஸக் தாவூத் , பொருளாதார ஒருங்கிணைப்பு குழு , பாக்கிஸ்தான் ஆடை மன்றம் , ஆடை மன்றம் , தாடை பில்வானி ,

Pakistan's textile industry upset as govt. rejects cotton import proposal from India


Updated:
April 02, 2021 16:35 IST
The step would send a negative message to foreign buyers as cotton yarn was not available in the country, stakeholders say, adding that prices of cotton yarn have increased after the decision.
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The textile export sector, which was already under pressure due to the COVID-19 pandemic, 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.
  | Photo Credit:
Reuters
The step would send a negative message to foreign buyers as cotton yarn was not available in the country, stakeholders say, adding that prices of cotton yarn have increased after the decision. ....

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