Pakistan’s textile exports declined by 14% YoY
As per the data reported by PBS, textile exports declined by ~14% in 10MFY23 to stand at US$13.7bn vs. US$15.9bn in SPLY. The slowdown is mainly attributable to global recession…
In all textile exporting countries of world, prices of cotton, cotton yarn, electricity, gas, water, labour wages, seaport, transportation are most expensive in Pakistan
Despite agriculture country Pakistan, the prices of cotton, cotton yarn, electricity, gas, water, labour wages, seaport, transportation are most exorbitant as compared to all textile exporting countries of world. Still…
MEETING WITH ADVISOR COMMERCE ON COTTON YARN AND GAS
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…
FPCCI appreciates PM Imran Khan for removing 5% regulatory duty on import of cotton yarn on FPCCI’s recommendation
Karachi (PR) Mian Anjum Nisar, President “The Federation of Pakistan Chambers of Commerce and Industry” (FPCCI) said the decision of the withdrawal of 5% regulatory duty on the import of…
5.0% regulatory duty on cotton yarn import abolished
KARACHI: The government has abolished five percent regulatory duty on yarn import amid anticipated shortage of the industrial input on falling cotton output in the country. The Economic Coordination Committee…
Government withdraws RD exemption on cocoa powder, cotton yarn, iron & steel
KARACHI: The Federal Government has withdrawn regulatory duty (RD) exemption available on the import of cotton yarn, iron and alloy steel, which would now be subject to statutory rate of…