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Pakistan must carve out strategy to minimise imports
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Crucial to acknowledge all segments of the economy: Arif Alvi
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DLTL to continue to increase value added exports: Abdul Razak Dawood
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Concern over artificial shortage of yarn
National
March 15, 2021
FAISALABAD: The textile export will be reversed if immediate steps were not taken for the availability of cotton yarn at reasonable rates.
It was said by Engineer Hafiz Ihtesham Javed, Faisalabad Chamber of Commerce & Industry president here on Sunday. He was participating in a zoom conference which was chaired by Abdul Razak Dawood, Special Advisor for Commerce and Investment to the Prime Minister.
Khurram Tariq, Khurram Mukhtar, Syed Zia Alamdar Hussain and Chaudhry Muhammad Nawaz also participated in the event.
Ihtesham Javed expressed deep concern over artificial shortage of yarn with ulterior motives to jack up its prices and said that it was disastrous for the entire value added textile chain. He said that Faisalabad yarn market generally closed after 8pm to 9pm, but now it continues underhand businesses of extortion to mint money till late in the night.
Concern over artificial shortage of yarn
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