Why Pakistan textile sector faces an uphill task to import Indian cotton, yarn
March 04, 2021
×
Since the Pulwama attack, Pakistan has lost its MFN status with India thereby impeding the import of duty-free cotton
Hopes of Pakistan importing cotton from India have been raised after New Delhi and Pakistan renewed their agreement to observe a ceasefire along the Line of Control and the international border in Jammu and Kashmir last week.
But there are a few hurdles, especially political ones, for Indian cotton to surmount before it can reach Pakistan, according to traders and industry officials.
Earlier this week, Pakistan’s
India s cotton exports likely to rise 50% this year to 75 lakh bales this year indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
israeli prime minister netanyahu spoke out on monday that the threat and time for dip seu is falling short. barack obama reiterated america s intention to try to avoid military conflict over iran s program and restated diplomatic means of dealing with tehran. iran said it wants nuclear technology solely for peaceful purposes. world business today starts right now. good morning. from cnn london, i m anita desantos. and very good afternoon from cnn hong kong. the top stories this tuesday, march the 6th. the world s second biggest cotton producer bans export. india s surprise announcement hits the market. and turning against nuclear energy in japan. as the company prepares to shut down its last two reactors, how will it fill the energy gap? and the geneva motor show rolls in today. green motoring may be all the rage, but the show is also luxury overtaking some of the machines. first off, though, let s go straight to the stock markets in europe. these markets have b