Home / Knowledge / News / Textiles / APTMA seeks redress of textile sector issues by Pak Govt
APTMA seeks redress of textile sector issues by Pak Govt
17
Aug '16
In a press conference, the All Pakistan Textile Mills Association (APTMA) urged the Pakistan government to resolve issues facing the industry relating to cotton, liquidity, competitiveness, taxes, etc.

APTMA Punjab unit chairman Aamir Fayyaz said it was unfortunate that the government was not taking corrective action on an industry which clocks $15 billion in exports and employs 15 million people.

According to Fyaaz, during fiscal 2015-16, overall Pakistani exports have slipped by $3 billion, out of which textile and clothing exports fell $1 billion.

“In the same period, competitor countries like Bangladesh and Vietnam have posted a rise of $2 billion and $4 billion respectively, in textile and garment exports,” he noted.

In his opinion, exports from Pakistan would continue to drop if the cost of doing business is not reduced by the government.

Among other demands, the Fayaaz also demanded that all the pending refunds of the textile industry should be cleared so that they too can clear their liabilities. (AR)

Fibre2Fashion News Desk – India

Must ReadView All

President Tsai Ing-wen delivering remarks before boarding her plane bound for Central America. Courtesy: Presdient's office

Textiles | On 16th Jan 2017

‘Textiles at centre of Taiwan’s new trade arrangements’

Textiles should be at the heart of Taiwan’s thinking while developing ...

Apparel/Garments | On 16th Jan 2017

Ralph Lauren develops policy on tracking wood based fabrics

In a bid to trace source of wood based fabrics like viscose and rayon ...

Apparel/Garments | On 16th Jan 2017

EC proposes enhanced market access for Sri Lanka

The European Commission (EC) has proposed that a significant part of...

Interviews View All

Ghanshyam Ghoghari
Kimora Fashion

Bridalwear is not about reds and whites anymore

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Mohammad Mamun Ar Rashid
UL VS Bangladesh Ltd

Productivity, creativity and innovation play a vital role in the growth of ...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Giorgio Mantovani
Corman S.p.A

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

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

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
January 2017

January 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search