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PAF alleges manipulation in yarn export notification
16 Jan '10
1 min read
The value-added sector has alleged that textile ministry officials are conniving with spinning mills to manipulate the decision with regards to putting a cap on yarn exports, announced by the Cabinet Committee on Textiles.
The Pakistan Apparel Forum (PAF) said that following the announcement, the Federal Textile Ministry issued two notifications, one on January 8 and the other on January 12, which contradicts the Cabinet Committee's decision.
The Cabinet Committee on Textiles in order to pacify the value-added sector had taken a decision to cap yarn exports from the country at 600 million kgs per annum and considering the good cotton crop had leveraged it to 650 million kgs per year.
They allege that the notification issued on January 8, mentions a cap of 650 million kgs only on cotton yarn, instead of the original decision to limit exports to all varieties of yarn including cotton and those produced from man-made fibres.
The PAF adds by saying that the notification further states that, “The monthly ceiling of 50 million-kg shall not apply to export of various categories of namely lycra, dyed, heather grey or mélange, slub or bleached or singed” which is again contrary to the decision.
The Pakistan Apparel Forum (PAF) said that following the announcement, the Federal Textile Ministry issued two notifications, one on January 8 and the other on January 12, which contradicts the Cabinet Committee's decision.
The Cabinet Committee on Textiles in order to pacify the value-added sector had taken a decision to cap yarn exports from the country at 600 million kgs per annum and considering the good cotton crop had leveraged it to 650 million kgs per year.
They allege that the notification issued on January 8, mentions a cap of 650 million kgs only on cotton yarn, instead of the original decision to limit exports to all varieties of yarn including cotton and those produced from man-made fibres.
The PAF adds by saying that the notification further states that, “The monthly ceiling of 50 million-kg shall not apply to export of various categories of namely lycra, dyed, heather grey or mélange, slub or bleached or singed” which is again contrary to the decision.
Fibre2fashion News Desk - India
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