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PRGMEA calls meeting to identify customs related issues
26
Jul '10
The Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) called a dinner meeting on July 23, 2010 to identify their members' issues related to Customs and invited Mr. Munir Qureshi, Member (Customs) Federal Board of Revenue, as a chief guest.

In his welcome address Shaikh Shafiq Rafiq, Chairman PRGMEA (South Zone) said that improvement in the procedure of DTRE is the need of the hour enabling Pakistan to compete with China, India, Bangladesh, Sri Lank and other countries for the global market share. He urged the concerned department to review the pending claims of duty drawback on monthly basis and release them at the earliest. He also raised the points facing textile exporters for obtaining in duty drawback. He said that the garment exporters are earning 3 billion dollars annually and are a back bone of the textile industry.

Mr. Mohsin Ayub Mirza, Central Chairman PRGMEA said that our country needed a public private partnership to emerge from the multiple problems facing the textile industry. The textile industry is undergoing a critical phase of survival amid liquidity crunch and timely action from Pakistan Customs for release of pending claims is required in these testing times.

Mr. Munir Qureshi in his address said that Pakistan Customs under his supervision, is extending full cooperation to the genuine exporters and will continue to do so in the future as well.

He assured the members for solving their pending rebate duty drawback claims. Answering the question he said that presently the validity of manufacturing bond license validity is only upto 1 year, however, he said that there is possibility to increase the limit of validity of license for warehouse upto 3 years.

He informed the members it is top priorities of Pakistan customs to resolve the problems of exporters regarding delay in process of exports and such delays is not cause only financial losses of the exporters also the losses of national exchequer.

Besides officials of Pakistan Customs a large number of renowned exporters and PRGMEA members were present on the, later on the Federal Minister for Textile Industry, Rana Mohammad Farooq Saeed Khan also joined this meeting.

Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA)


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