Pakistan's Most Favoured Nation Status To India Will Destroy The Spinning And Weaving Industry

Pakistan textile industry leader agreed to give India The most favoured nation status will destroy the value-added sector. The added value textile sector provides employment opportunities for millions of people, and contributes more to exporters' earnings than any other business sector. Rising input cost, tax burden, industrial scale, infrastructure, rules and regulations, law and order situation and extortion increase the cost of doing business.

The chairman of the Pakistan knitwear manufactures and Exporters Association (PHMEA), Mohamed mousage, the chairman of the Pakistan clothing forum, Mohamed jabby bwany, and Barry, President of the Pakistan towel manufacturers association, made the complaint during a meeting with Morteza, chief executive of Pakistan economic observer.

Pakistan's textile industry leader said: "our products are restricted and exported. atrophy We are at a disadvantage from the scale of the economy and need the support of the government. Our country is not exporting at present. product More second-hand raw materials such as cotton and yarns are used.

All the others have followed the good practice, giving the exporter a paste. India allowed only export of the remaining cotton, which ensured the stability of the added value department. Pakistan should also take such a guarantee policy, and the leaders of the Pakistan textile industry demand.