ISLAMABAD, October 09 2024, In a pivotal meeting, Federal Minister for Commerce, Jam Kamal Khan, held discussions with the Pakistan Ginners Association, led by its Chairman, Dr. Jassu Mal, to address the challenges facing Pakistan’s cotton industry. Once a global leader in cotton production and exports, Pakistan now faces the harsh reality of importing raw…
KARACHI, September 18, 2023: Pakistan’s textile exports recorded a decline of 8 percent YoY in Aug’23 to clock in at $1.4 billion as against $1.6 billion in same period of last fiscal year. The decline is mainly attributable to muted export orders amid global economic recession, as well as a challenging domestic environment. Segment wise,…
Karachi, March 17, 2021: Despite the shortage of cotton, cotton yarn, and gas in our country, Cotton yarn exports increased by 35.86 percent in quantity terms during February 2021 and remained at 44,419 metric tons compared to 32,694 metric tons during January 2021 which is a low value-added product and is actually just export of…
Karachi, March 05, 2021: Asiff Inam, Chairman APTMA Sindh-Balochistan Region has shown his deep concern on drastic decline in price of fine counts of yarn by Rs. 10,000/- per bag in the Faisalabad Yarn Market which is in expectation of massive tax evasion plan by individuals in anticipation of permission be allowed to import cotton…
Karachi, February 09, 2021: “The Government, through Presidential Ordinance, must abolish all duties and taxes and allow duty free import of Cotton yarn which is the raw material of value-added textile sector in order to sustain and achieve milestone in enhancement of exports. Government should also place ban on export of cotton yarn of 30…