Home / Knowledge / News / Textiles / Federal Minister backs duty-free cotton yarn export
Federal Minister backs duty-free cotton yarn export
23
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 6th Dec 2016

Garments, yarn export entitlement quota extended for 1 yr

Indian government has extended the export entitlement quota for...

Textiles | On 6th Dec 2016

Cash inflow will revive sales: Textile industry

The textile industry representatives are hopeful of revival of...

Courtesy: SIMA

Textiles | On 6th Dec 2016

Amma gave special attention for textile growth in TN: SIMA

Former Tamil Nadu chief minister J Jayalalithaa paid special...

Interviews View All

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Saket Garg
Garg Corporation

The biggest challenge is lack of skilled workforce and competition from...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Pranav Mishra
Huemn

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

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
December 2016

December 2016

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search