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APTMA seeks immediate access to US & EU markets
17
Aug '10
Gohar Ejaz, Chairman of All Pakistan Textile Mills Association (Aptma) Punjab has demanded the government, to take steps to get immediate access to the US and EU markets in context of the UN report, mentioning the magnitude of the recent floods.

The intensity of these floods is more than Tsunami in Sri Lanka, and also the earthquakes in Haiti and Azad Kashmir of Pakistan, he added. With reference to the UN report, he also informed that, the estimated figure of people affected due to flood is around 14 million.

Impact of such a disaster might worsen in the future, costing damage to millions of cotton bales in flood-submerged areas, thereby affecting the textile industry harshly, he feared. Further, industry insiders also foresee wide industry closures causing heavy job losses.

Aiming to have immediate market access to the US and EU markets, Ejaz has urged the government to activate its trade diplomatic channels alike Sri Lanka did after Tsunami. Moreover, he has also demanded the government to talk to the US government regarding cotton imports on deferred payment basis through Trading Corporation of Pakistan (TCP), in a bid to save the industry from closure.

Fibre2Fashion News Desk - India

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