Home / Knowledge / News / MoC asks, total ban or 50% export duty on wet blue exports?
MoC asks, total ban or 50% export duty on wet blue exports?
23
Jul '10
The Ministry of Commerce (MoC) has requested leather industry stakeholders for their suggestions so that, it is able to assess the impact of the proposed 50 percent export duty or a complete ban, on wet blue exports.

Following the Ministry's letter, Trade Development Authority of Pakistan (TDAP) conducted a meeting with members of Pakistan Tanners Association (PTA) to discuss the subject matter in detail.

During the meet, a TDAP official suggested certain steps to solve the wet blue export and smuggling issue, such as temporary ban on wet blue exports for the time being. This official also stated that, temporary ban on wet blue exports was even permitted under WTO.

However, if temporary ban was not feasible on exports of wet blue, then other measures were also suggested by this official, such as adopting Minimum Export Price (MEP) for wet blue, raising the regulatory duty from 20 to 50 percent on raw materials and wet blue exports and finally, invoices should be made only in square feet and those displaying rate per kilogram or per piece should be discarded.

Explaining wet blue in detail, an industry expert informed that, wet blue is a semi-processed form of leather, which is manufactured when tanneries preserve raw materials by converting them in to wet blue. Owing to increased demand of Pakistani raw stocks in global markets, few corrupt traders, not related to the leather industry, have been selling out huge stocks of wet blue.

Hence, with a vision to discontinue this practice, government has already imposed 20 percent duty on exports of wet blue, after due discussions with all the associations including Leather Garments Association (PLGMEA), Footwear Association (PFMA), PTA and Leather Gloves Association (PGMEA).

Fibre2Fashion News Desk - India


Must ReadView All

Courtesy: Aditya Birla

Textiles | On 20th Jun 2018

'Growth of VSF yarn industry is difficult'

Growth for the viscose filament yarn (VSF) yarn industry is...

Comfort USP of Sensitive Fabrics range of Eurojersey Spa

Apparel/Garments | On 20th Jun 2018

Comfort USP of Sensitive Fabrics range of Eurojersey Spa

Italian company Eurojersey Spa will present in 2019 new embossing...

Certification for Philippine garment firms availing GSP

Textiles | On 20th Jun 2018

Certification for Philippine garment firms availing GSP

The Philippines has adopted rules on securing certificate of...

Interviews View All

Karin Ekberg
Leadership & Sustainability

Sustainable models are beneficial for brands, retailers and manufacturers

Awen Delaval
Samatoa

'Natural fibres are appreciated for traditional authenticity'

Riddhika Shah
SS Homme

'Worsted wool is the ideal fabric for menswear'

Erik Sy

Manila-based CustomThread is a start-up offering premium custom apparel...

C Dhandayuthapani

MAG Solvics Private Limited was established in 1991 to design and develop...

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


June 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search