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APTMA forms committee to address cotton trade via border
10
Mar '14
The All Pakistan Textile Mills Association (APTMA) Punjab has formed an ad-hoc committee to address issues like quality and weight deviations in cotton bales received from the Indian side via Wagah border.
 
In a statement, APTMA Punjab chairman SM Tanveer said that in recent months Pakistani importers have complained weight loss of about 20 kg per bale in cotton imported from India through Wagah border.
 
The loss is beyond acceptable limit of one to five kilograms per bale, which occurs due to the drying up of moisture contents, he said.
 
Mr. Tanveer said cotton trade via Wagah border is equally important both for the Indian exporters and textile millers in Pakistan, as owing to low cost of transportation Pakistani millers import about one million bales of cotton from India, with around 40 percent of this trade taking place via Wagah border. 
 
Mr. Tanveer said considering the significance of the issue APTMA Punjab has formed an ad-hoc committee to detect the root cause of the issue.
 
After convening a meeting with all stakeholders like clearing agents, transporters, indenters and customs officials, the committee has resolved to take the legal way and has appointed independent inspectors to look into the matter, he added.
 
Mr. Tanveer was optimistic about finding an amicable resolution to the matter and said that the Committee may request the Cotton Association of India to intervene and save cotton trade through Wagah border.
 

Fibre2fashion News Desk - India


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