Home / Knowledge / News / Textiles / Federal Minister backs duty-free cotton yarn export
Federal Minister backs duty-free cotton yarn export
Dec '10
Federal Minister for Commerce, Makhdoom Amin Fahim, while speaking at the recently held executive committee meeting of the All Pakistan Textile Mills Association (APTMA) at APTMA house, said that the cotton yarn exports should not be subjected to any duty imposition and that he himself is against it.

He thereby announced to convene monthly meetings with all the stakeholders to discuss and sort out their problems.

While speaking about the continuity of trade policy as a mechanism that drives the development of any industry, he said that, last time though the Commerce Ministry drafted a three-year trade policy, but he personally is in support of a five-year trade policy.

The Minister also assured the APTMA members that all their problems will be resolved, and that the Ministry of Commerce is well aware about the issues of the textile industry, but is taking time to solve these issues as the matter even concerns the other Ministries. Further, he even stated that as the government has contacted the WTO for earning zero-duty access for cotton yarn exports to the EU, the problem is likely to be resolved soon.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 27th Jun 2017

Govt defers tax deduction at source provision under GST

E-commerce players in India will not be required to deduct tax on...

Apparel/Garments | On 27th Jun 2017

Future Group aims Rs 12,000 crore in fashion business

Future Group, which runs retail stores across India under various...

Textiles | On 27th Jun 2017

AEPC & NSDL to help exporters with GST compliances

Apparel Export Promotion Council (AEPC) and National Securities...

Interviews View All

Studio Priyanka Rajiv

‘To reinvent the age-old tradition of embroidery to suit demographics and...

Md Hanifur Rahman
Aman Group

The level of understanding the job role and organisational requirements...

Mohammad Mamun Ar Rashid
UL VS Bangladesh Ltd

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

Lynda Kelly
Suominen Corporation

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

Kevin Nelson

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Pranav Mishra

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


news category

Related Categories:
July 2017

July 2017

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


Browse Our Archives


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search