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Textile sector seeks preferential access to US markets
19
Jun '09
If the bill introduced in the US Senate last month to grant duty-free entry to textiles of 14 least developed countries (LDCs) is enacted, the exports of Pakistan textiles would face several difficulties.

To save the domestic textile industry, Mr. Mian Shaukat Masud, the President of Islamabad Chamber of Commerce and Industry (ICCI) demanded the government to take up this issue with the US authorities as US is a major importer of textile products.

The bill, introduced by Senators Dianne Feinstein and Kit Bond on May 21, intends to control the growth of extremism in the 14 countries by creating job opportunities.

But Pakistan was left out from the list of beneficiaries though it is the biggest victim of militancy and extremism after Afghanistan, Mr. Masud, said, casting doubts on the logic behind moving this bill.

Pakistan that was severely affected by the terrorists' war deserves much better access for its products, he added.

Fibre2fashion News Desk - India


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