1. A 21-member
delegation of Chinese companies has shown keen interest to
enhance business collaborations in textile sector with Pakistani
counterparts. The delegation was representing textiles,
garments, clothing and apparel and chemicals sector companies.
2. All Pakistan
Textile Mills Association (APTMA) Chairman Aamir Fayyaz has
welcomed the Rs 180 billion package announced by the prime
minister to boost exports. He appreciated the measures to
support declining exports, including tax-free import of cotton
and man-made fibre, duty drawback on exports, including 4% on
greige fabric, 5% on processed fabric, 6% on home textile
made-up, and 7% on garments.
3. Pakistan’s total
exports to the US in the fiscal year 2016 stood at $3.5 billion
out of which 83% were textile exports ($2.9 billion). The
country’s textile exports to the US make up 23% of the total
annual textile exports. In case the dollar weakens, it will
result in appreciation of the Pakistan rupee, making Pakistani
textile products expensive for American buyers.
4. Leading textile
bodies constituted the Punjab Textile Forum to fight against the
gas price differential in Punjab and Sindh and arrest falling
exports and have also urged the government to announce a textile
relief package to restore the competitiveness of the export
5. The total land
area of cotton cultivation reduced by 22% in Pakistan over the
last 10 years and this major reduction in cotton area is only
contributed by Punjab province, which has reduced its area under
cotton by 26% over the same period. The increase in a number of
sugar mills has been cited as the cause of this reduction of
cultivation area of cotton.
Cotton Ginners Association (PCGA) has urged the government to
grant a relief and bailout package to cotton growers and
convince them to bring the maximum area under cotton crop to
make Pakistan self-sufficient in cotton and to save more than Rs
30 billion to Rs. 40 billion being spent on the import of 3.0
million cotton bales.
7. The Textile
Secretary, Hasan Iqbal, during a visit to the Pakistan Hosiery
Manufacturers Association (PHMA) House said that the government
aims to arrest the declining trend in textile exports and
address the problems faced by the exporters as a priority. The
is serious about the settlement of all kinds of claims of the
exporters to greatly reduce their burden.
8. The Pakistan
Apparel Forum (PAF) has urged the government to withdraw customs
duty, sales tax and regulatory duty on the import of cotton yarn
up to 32 single coarse counts, a major raw material of
value-added apparel sector. Due to a shortage of yarn in the
country, PAF has requested the government to do the same in the
case of cotton yarn.