The All Pakistan Textile Mills Association (APTMA) has urged the Government to create a level-playing field before proceeding towards trade normalization with India.
The All Pakistan Textile Mills Association (APTMA) has urged the Government to create a level-playing field before proceeding towards trade #
A level-playing field should be the hallmark of any trade arrangement between two competing countries, APTMA Punjab chairman SM Tanveer said in a statement.
The All Pakistan Textile Mills Association (APTMA) has urged the Government to create a level-playing field before proceeding towards trade #
Mr. Tanveer suggested that the Government adopt a cautious approach towards trade liberalization with India, and stressed on the need for evaluating strengths and weaknesses in all sub-sectors of the textile industry before taking such a step.
The All Pakistan Textile Mills Association (APTMA) has urged the Government to create a level-playing field before proceeding towards trade #
He said Paksitani textiles have so far been unable to make inroads n the Indian market due to various tariff and non-tariff barriers and advised that a competitiveness study of all textile sub-sectors should be carried out, by analyzing all state and central incentives, different schemes, institutional supports and drawbacks in India.
The All Pakistan Textile Mills Association (APTMA) has urged the Government to create a level-playing field before proceeding towards trade #
The detailed study should identify and compare the various subsidies and supports available to the Indian textile industry vis-à-vis Pakistan, Mr. Tanveer said.
The All Pakistan Textile Mills Association (APTMA) has urged the Government to create a level-playing field before proceeding towards trade #
It should also include the difference in cost of production, as the textile industry in Punjab is already facing severe power load-shedding.
The All Pakistan Textile Mills Association (APTMA) has urged the Government to create a level-playing field before proceeding towards trade #
He was of the opinion that the Government should hire international consultants to carry out such a study, prior to liberalization of trade with India.
The All Pakistan Textile Mills Association (APTMA) has urged the Government to create a level-playing field before proceeding towards trade #
A day earlier, Textile and Commerce Minister Khurram Dastgir Khan said the trade related talks with neighbouring India are now focused on ‘Non discriminatory market access on reciprocal basis’, instead of the earlier focus on Most Favoured Nation (MFN) status.
The All Pakistan Textile Mills Association (APTMA) has urged the Government to create a level-playing field before proceeding towards trade #
Fibre2fashion News Desk - India
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