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

Apparel/Garments | On 23rd Feb 2017

NAFTA renegotiation puts Mexico-US jeans trade at risk

The almost imminent renegotiation of the North America Free Trade...

Rick Helfenbein (left), president and CEO of AAFA, with Juan Estrada, chief of party, Hub; Courtesy: Hub

Apparel/Garments | On 23rd Feb 2017

AAFA inks agreement for best manufacturing in East Africa

The American Apparel & Footwear Association (AAFA) has entered into a ...

Mango vice-chairman and member of the board of directors Daniel Lopez (L) with Ananth Narayanan, CEO, Myntra & Jabong. Courtesy: Myntra

Apparel/Garments | On 23rd Feb 2017

Mango awards distribution & management rights to Myntra

Mango, the Spanish fast fashion brand, has awarded its master...

Interviews View All

Amrit Sethia
SOIE

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Jurgen Gauger
Spreadshirt

‘Buying crowdsourced or creative designs are much more appealing to the...

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Kai Poehler
Voith Paper GmbH & Co. KG

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

Eamonn Tighe
Nature Works LLC

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

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

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
February 2017

February 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search