KARACHI: Federal Commerce Minister Khurram Dastagir Khan has said the government is introducing laws to increase per hectare yield of cotton crop and reduce dependency on fertilizers.
Addressing at the formal launch of three-day 15th International Textile Asia Exhibition being held at the Expo Centre Karachi, the minister said that two new laws have been incorporated in the new trade policy, which will be announced soon, for increasing the yield of cotton crop,” he said. He said that last year cotton output was 14 million bales, but this year it witnessed a decline.
The minister said that the government is focusing to increase the output beyond 14 million bales with the aim at providing raw material to the textile mills and enable the value-added sector to convert it with finished goods in the form of readymade garments. He appreciated the organisers for holding the 15th international exhibition.
Dastagir said that participants of around 27 countries had established their stalls at the fair and over 550 foreign delegates would visit the event. The exhibition is the best opportunity for the value-added sector, he said, adding that such exhibitions would help boost exports.
