Commerce Ministry agrees to open Wagha for cotton import
19 Jun '07
1 min read
In order to reduce cost of import and meet the shortfall of three million bales of cotton, Commerce Ministry of Pakistan has recently allowed the imports of long staple cotton from India through land route.
Previously, cotton and yarn were imported from India through sea or air route, which proved quite expensive for the local textile industry.
This step would help the textile industry to enhance its production and would raise its competitiveness in world market.
The Economic Coordination Committee (ECC) has instructed Ministry of Food, Agriculture and Livestock (MINFAL) to set up quarantine facilities at Wahga border to facilitate the import of cotton from India. By next crop year, these arrangements would be completed.
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