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Ministry gearing up to implement textile policy
08
Jan '11
Several textile association representatives attended the '4th meeting of Textile Policy Implementation Liaison Committee', which reviewed the present condition of the textile industry and the issues that the industry is facing.

Federal Minister for Textile Ministry, Rana M. Farooq Saeed Khan chaired the meeting, while Secretary Textile Industry, Waqar Masood, apprised the participants regarding the various measures that the Textile Ministry initially took for the implementation of the Textile Policy 2009-14.

The industry representatives attending the meeting urged the Federal Minister that the Ministry should ask the exporters in India to discharge the cotton orders as the sector is experiencing dearth of the same. Further, they even urged the Minister not to discontinue the zero-rated regime for textile sector and stated that actually they are not opposed to the RGST but the process of tax collection.

The Minister gave an assurance to the delegates that the PPP-government under the able leadership of the President Asif Ali Zardari would employ all the means to aid and assist the textile industry of the country, it being an important sector for development of the economy.

He said that, they by means of diplomatic channels are already trying to press the Indian exporters to discharge the cotton orders that they have already agreed to. He also stated that, they are even trying to convince the US to allow Pakistan to enjoy duty free access to its markets just like it does in the EU. The country is pleading for this benefit on the context of being US's frontline partner in the war against terrorism.

Further, he even stated that, the PPP-government policies have helped the textile sector of the country to grow at the rate of 20 percent and applauded the participants for their support.

Fibre2fashion News Desk - India

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