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The National Tariff Commission (NTC) has withdrawn anti-dumping duty from export of polyester filament yarn (PFY) of two more producers of Thailand to Pakistan against price undertaking. The Commission had already been suggested similar proposal to all exporters from Indonesia, Korea, Malaysia and Thailand who were subject to anti-dumping duty to offer similar price undertaking, which would result in removing of anti-dumping on PFY.
The Ministry of Textile Industry (MINTEX) has issued two separate SROs providing Research & Development (R&D) support to eight associations. MINTEX has made it clear that in case any fraud is detected in claiming research & development support under its orders, a penalty up to 300% of the fraudulently claimed amount can be levied by the competent authority on the delinquent units, besides withdrawing nomination of the Association from the panel.
The Board of Administrators of Export Development Fund (EDF) approved Rs.65.37 million for implementation of the trade policy initiatives for increasing export of traditional products.
The Ministry of Food, Agriculture and Livestock (MINFAL) is working on a three-pronged strategy for fourfold increase in cotton export by 2013. Currently, the Ministry is earning around $100 million by exporting cotton lint and raw cotton, but with the newly devised plan, exports would be enhanced to $400 million annually, focusing more on value-addition of raw and lint cotton.
The export of textile products decreased to $2.449 billion during the first quarter (July-September) of the current fiscal year against $2.73 billion over the same period last year, thus showing decline of 10.29%. Official figures showed that export of almost all textile products, except cotton yarn and cotton carded, recorded a negative growth despite the massive subsidy and support package, which the government had announced for propping up exports.
The Ministry of Textile Industry has decided to establish a network of Cotton Fibre Testing Laboratories throughout the cotton belt of the country, said Director of Pakistan Cotton Standards Institute (PCSI).
Pakistan Textile Exporters Association (PTEA) Chairman, Mian Zahid Aslam has demanded that refund of sales tax on packing material, dyes and inputs of made-ups, should be made at the time of duty drawback payment to save the time, energy and expenses of exporters and departments.
Gul Ahmed, one of the country’s renowned textile manufacturers and the owners of several textile spinning units, have decided to relocate, part of their capacities to Bangladesh because of rising cost of doing business in Pakistan which has made their products non-competitive in international market, said Akbar Sheikh, spokesman, All Pakistan Textile Mills Association.
Textile Associations have suggested to the National Tariff Commission (NTC) that no provisional anti-dumping duty should be imposed on import of polyester staple fibre (PSF). The NTC is presently carrying out anti-dumping investigations against alleged dumping of PSF.
Former Senior Vice-Chairman All Pakistan Textile Mills Association (APTMA), Punjab, Adil Mahmood has suggested the Government to allow import of cotton from India through Wagha border, as it will help Pakistani textile millowners to get cotton bales at reduced prices.
Prime Minister Shaukat Aziz asked National Textile Strategy Committee to compile recommendations for redrafting the Textile Vision 2015 by December 31 to make it in line with the fast changing scenario globally.
The All Pakistan Textile Mills Association (APTMA) has demanded of the Government to place polyester stable fiber (PSF) under the Duty and Tax Remission on Export (DTRE) scheme. APTMA Chairman (Punjab) Samir Saigol urged the Government to establish a regulatory authority for fixing the price of PSF, which is one of the a key inputs of textile industry.
The Government has fixed Cotton Standardisation Fee @ Rs 5 per pressed bale with immediate effect to be levied at the ginning stage, as decision to that effect was taken by the ECC of the Cabinet on July 15, 2006.
Federal Minister for Industries, Production and Special Initiatives Jahangir Khan Tareen said that the government was ready to help the ginners upgrade their machinery befitting the demands of the textile industry.
Federal Food, Agriculture and Livestock Secretary Ismail Qureshi has said under the Cotton Vision, a strategy is being given final touches to enhance cotton production to the level of 20.70 million bales by 2015.
The powerful All Pakistan Textile Mills Association (APTMA) is once again facing the threat of a possible split, as smaller spinners from across the country are said to be trying to set up a new, separate body called All Pakistan Single Mills Association (APSMA) for safeguarding their rights. More than 50 spinners owning single mills with up to 25,000 spindles or more have already given their consent for creating a separate body for protecting their interests.u
