Textile sector plans protest against cabinet decision
Presses govt to allow cotton yarn import from India
PHOTO: AFP
LAHORE:
The value-added textile sector of Pakistan has expressed its reservations about cabinet’s refusal to allow import of cotton yarn from India, saying that they are planning a protest in the coming days.
“According to the World Trade Organisation (WTO) laws, no one can object to trade with another country, the restrictions imposed by Pakistan on trade with India are based on political grounds, but if we allow imports of medicines from India, then why not cotton yarn,” questioned Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) Patron-in-Chief Ijaz Khokhar.
Despite pandemic, textile sector bounces back
Stakeholders still worried about country’s thin share in global textile exports
LAHORE:
Pakistan’s textile sector has helped the country pass through a difficult phase, especially during 2020, which is still a threat to the entire world.
Covid-19 was the biggest challenge for the outgoing 2020, which disrupted global economies and their supply chains. Pakistan too felt the heat of the deadly virus, starting late February, but surprisingly within a couple of months, the country’s textile industry was back on track.
Textile sector is called the backbone of Pakistan’s economy as it enjoys around 60% share in total exports. Its contribution to the national gross domestic product (GDP) is 8.5% and it employs around 15 million people, directly and indirectly.