An immediate ban on the export of cotton yarn; otherwise, strike from the 8th of April is on the cards: Warns Textile Associations

All Pakistan Value Added Textile Association had warned the Government to ban cotton yarn exports or close down factories and set up a strike camp at Chowk Ghanta Ghar, Faisalabad, from Thursday is evident.  The association said that some constituencies had linked imports from India to Kashmir. They were trying to give the impression that exporters are not patriots. The association vehemently denied the allegation and said that he was with the Government on the Kashmir issue. Still, the Government should have fully covered all aspects before allowing India’s imports in the Economic Coordination Committee meeting. The association said that industrialists and exporters have to take their workers with them, for which ample supply of raw materials in the country is essential.

Chaudhry Salamat Ali, former central chairman of the Hosiery Association, said that yarn’s export should be stopped immediately to ensure its availability in the country. He said that with the Economic Coordination Committee’s decision to allow import through Wagah, the prices of yarn had started declining. Still, as soon as this decision was withdrawn, the cost of cotton yarn increased by Rs 10,000. He said that duty-free yarn should be imported to the industrialists this year as per the quantity of yarn imported last year. This facility should also be given to commercial importers to overcome the shortage of yarn in the country.

Muhammad Ahmed, chairman of the Pakistan Textile Exporters Associationand Waheed Khaliq Ramey, a member of Power Looms Owners Association, said that yarn worth $120 to 150 million a month had been exported for the past four months while local industries are shutting down due to a shortage of raw materials. He also expressed concern over betting along with government decisions and said that the FBR and other agencies had failed to curb betting. Similarly, other speakers also supported the decision to ban the export of yarn. They said that they were ready to make any sacrifice to protect the interests of the value-added sector in this regard.

The key representations of the association at the press conference were:
• Mian Farrukh Iqbal, Chairman Pakistan Hosiery Manufacturers, and Exporters Association
• Chaudhry Talat Mehmood, Senior Vice President FCCI
Arif Ehsan Malik, All Pakistan Bed Sheets, and Upholstery Manufacturers Association
• Haji Shakeel Ansari from Sizing Association
• Chaudhry Muhammad Nawaz from All Pakistan Cotton Power Looms Association
• Waheed Khaliq Rame and Ejaz Khokhar from Pakistan Readymade Garments
• Shaheen Tabassum of the Embroidery Association

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest Articles

Get News Updates