Pakistan evolving export-oriented policies: top official
December 13, 2018 - Pakistan
Pakistan is evolving export-oriented policies and is committed to providing incentives to the textile sector to boost exports, said federal secretary of textile division Syed Iftikhar Hussain Babar. Addressing members of the Pakistan Textile Exporters Association (PTEA) in Faisalabad recently, he said energy tariffs for export industries are being subsidised.
Steps are being taken to reduce regulatory duties on inputs to cut down the production cost of export items, Pakistani media reports quoted babar as saying.
Efforts are also being made to import fine quality cotton seeds to produce more quantity of better-quality cotton, he added. (DS)