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Dastgir forms body to find out reasons of declining textile exports

byCustoms Today Report
16/07/2015
in Business
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ISLAMABAD: Federal Minister for Commerce Khurram Dastgir has formed a high level committee on ‘Policy Action Plan’ to find out reasons of decreasing textile exports.

The findings of the committee will be presented before the Prime Minister for swift decisions in order to reverse the declining trend in the country’s exports.

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This was decided during a meeting chaired by Dastgir with representatives of APTMA, Trade Development Authority of Pakistan (TDAP) Chairman S M Muneer and FPCCI President Mian Muhammad Adrees.

APTMA Chairman S M Muneer, while talking to media, said that the association proposed to bring about a level playing field for Pakistani textile producer as regional competitors are heavily subsidising and their governments are supporting their textile sector.

The minister directed the committee to hold negotiations with all fourteen associations of the textile sector and bring about viable proposals keeping view the constraints faced by the government.

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