Home / Knowledge / News / Textiles / PAF seeks three-month ban on cotton yarn exports

PAF seeks three-month ban on cotton yarn exports

25
Feb '10
A total ban on export of cotton yarn for a period of three months, with immediate effect has been demanded by the value-added textile sector. Pakistan Apparel Forum (PAF) raised the demand at a meeting with Shaukat Tarin, Minister of Finance. All Pakistan Textile Mills Association (APTMA) representatives also attended the meeting.

Nonetheless, owing to the boycott of APTMA members the meeting ended undecided. Federal Minister Rana Farooq Saeed Khan too attended the meet. PAF informed him that during previous month, exporters have exported around 56 million kilogram of cotton yarn, despite that, there exists a ceiling of 50 million kilogram per month.

Earlier the textile ministry had proposed a cap of export of 38 million kilograms of cotton yarn per month, which was not implemented, subsequent to which, the existing ceiling of 50 million kilogram per month on export of cotton yarn too came up, which too has been not implemented, was the lament of the PAF.

Finance Minister while speaking at the meeting opined of textile sector being a vital sector and that the government would not be willing to disturb it. Nonetheless, all the concerning issues of the sector will be sorted out through discussion with the stakeholders, but at the same time government will not arrive at any decision which is not in favour of the stakeholders, he added.

Fibre2fashion News Desk - India


Must ReadView All

Pic: Shutterstock

Textiles | On 17th Sep 2021

UK again delays post-Brexit import trade controls

The United Kingdom has again delayed the implementation of some...

Pic: Shutterstock

Retail | On 17th Sep 2021

American retailers oppose business tax rate increases

The National Retail Federation (NRF) has opposed the proposed...

Pic: Shutterstock

Apparel/Garments | On 17th Sep 2021

Bangladesh looking to boost man-made fibre apparel exports: TexPro

Bangladesh is looking to focus on the man-made fibre apparel market...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Instagram & fashion will go a long way together

Florian Heubrandner, Lenzing AG

Florian Heubrandner
Lenzing AG

Sustainable and eco-friendly fibres remain in the minority

Textile Industry, Head honchos

Textile Industry
Head honchos

Strongly believe in 'people first' policy.

Kriti Kanodia,

Kriti Kanodia

A TV show in 2012 where actor Sonam Kapoor customises her own pair of...

Andrea Pelissero,

Andrea Pelissero

Located near Milan, Italy, and with 50 years of experience in the textile...

Ujjval Saraf,

Ujjval Saraf

Founded by Jimmy Lai, Giordano International Ltd, a Hong Kong based...

Giulio Cesareo, Directa Plus

Giulio Cesareo
Directa Plus

UK-based Directa Plus is one of the largest producers and suppliers...

Shujaul Rehman, Garware Technical Fibres

Shujaul Rehman
Garware Technical Fibres

Garware Technical Fibres Ltd (formerly Garware-Wall Ropes Ltd) is a...

Dr. Sean Blamires, Evolution and Ecology Research Centre

Dr. Sean Blamires
Evolution and Ecology Research Centre

Using spider silk for clothing may not seem to be an attractive...

Shalini Sharma & Shweta Pundir Sharma, Six Yard Story

Shalini Sharma & Shweta Pundir Sharma
Six Yard Story

Six Yard Story is a premium artisanal brand with a focus to bring handloom ...

Abhishek Agarwal, Purple Style Labs

Abhishek Agarwal
Purple Style Labs

Late Indian fashion designer Wendell Rodricks, is known for his...

Megha Kumari & Jigar Mali, Label Megha & Jigar

Megha Kumari & Jigar Mali
Label Megha & Jigar

New Delhi based label Megha & Jigar blends India's unique handcrafts...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


September 2021

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search