industrialists have expressed dissatisfaction over the Federal
Budget 2018-19 announced by the government stating that the
Budget focused general industry & trade while export sector was
The government has been advised by foreign textile buying houses
to set up a central compliance centre in the country to improve
manufacturers’ compliance with social standards, a critical
factor in apparel sourcing decisions. The government may
consider setting up sourcing parks to ensure a single-window
facility, they suggested.
The Pakistan Hosiery Manufacturers and Exporters Association (PHMEA)
has expressed concern over increasing taxes on the import of
polyester yarn, saying the step has directly affected the
sportswear industry of Sialkot. The government had recently
imposed a 5% regulatory duty on such import with an average 7%
The All Pakistan Textile Mills Association (APTMA), in its
budgetary proposals urged the government to boost the textile
sector by focussing on exports through three-pronged strategy
making available affordable electricity and gas, rationalising
tariffs in the textile value-chain and encouraging investment to
create export surplus.
Readymade Garments Manufacturers and Exporters Association (PRGMEA)
has called for speedy implementation of revised PM package for
exporters for 2017-18 along with aggressive marketing plan to
enhance exports and get the maximum benefit of GSP Plus status.
Pakistan Bureau of Statistics data, showed country’s textile
exports rose 7.2% to $8.79 billion during the first eight months
of the current fiscal year of 2018 as value-added sector
continued to post recovery in foreign earnings.
Federal Secretary for Textile Division (Ministry of Commerce and
Textile) Hassan Iqbal has said that the government will ensure
technological up gradation of the textile industry.
He said that advanced technology had become vital to flourish
Pakistan's textile sector by encouraging the textile and
garments' exporters at every level.
The Federal secretary announced 2% cash bonus for the textile
and garments exporters for developing new product for the
international markets. He said that the government was striving
to boom the country's textile and garments sector. The
government would also encourage the products under Prime
Minister's Incentive Package.
The Pakistan Textile Exporters Association (PTEA) has praised
the release of Rs 5 billion to clear claims of duty drawback of
taxes (DDT) allowed under the Prime Minister’s Trade Enhancement
Initiatives, saying the move will offer the needed flip to
textile exports. PTEA chairman Shaiq Jawed termed the move a
positive step for sustainable growth.