Home / Knowledge / News / Textiles / Pak textile mills assured of ECC decision implementation

Pak textile mills assured of ECC decision implementation

15
Nov '18
The Pakistani prime minister’s advisor for commerce, textile, industries and production Abdul Razak Dawood has assured textile mill owners to implement the Economic Coordination Council’s (ECC) decision on uniform energy rates for five zero-rated industries, including textiles, All Pakistan Textile Mills Association (APTMA) leader Gohar Ejaz said after meeting Dawood.

The textile sector in Sindh, Balochistan and Khyber Pakhtunkhwa provinces is dependent on natural gas for its energy needs while the same industry in Punjab is using Regasified Liquefied Natural Gas (RLNG), which is almost twice expensive.

The textile industry has been continuously pushing for making gas rates uniform across the country to raise exports.

The government had agreed to bring gas prices down to $6.5 per MMBTU from the previous $16 per MMBTU only for the export sector. Despite the ECC approving this with effect from September 27, the finance ministry is yet to issue a notification in this regard, according to Pakistani media reports.

The textile secretary would approach ministries of petroleum and finance to devise a new mechanism for implementation of the ECC decision effective September 27, APTMA added. (DS)

Fibre2Fashion News Desk – India


Must ReadView All

Pic: Shutterstock

Textiles | On 12th May 2021

Economic recovery under threat amid surging COVID cases: UN

While the global growth outlook has improved, led by robust rebound...

Pic: Shutterstock

Textiles | On 12th May 2021

Uzbekistan exported textile products worth $637.7 million in Q1 2021

Uzbekistan exported textile products worth $637.7 million to 54...

Pic: Woolworths Holdings Limited

Retail | On 12th May 2021

South African retailer Woolworths posts Q3 FY21 sales of R16.5 bn

Woolworths Holdings Limited (WHL), a South African retail company,...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Verticals like fast fashion won’t completely adopt personalisation on...

Textile Industry, Head honchos

Textile Industry
Head honchos

Blockchain is not a silver bullet for each and every problem in supply...

Textile Industry, Head honchos

Textile Industry
Head honchos

We are staring at livelihood crisis for weavers

Kurt Wedgwood,

Kurt Wedgwood

From design to raw material to fabrication and ultimately to delivery -...

Vikram Juneja,

Vikram Juneja

Jaquard is a training institute providing a highly specialised training...

Shambhu Nath Jha,

Shambhu Nath Jha

Leading research and consulting firm Fact.MR recently launched a report on ...

Sameer Sonkusale & Rachel Owyeung, Tufts University

Sameer Sonkusale & Rachel Owyeung
Tufts University

A team at the Tufts University in Massachusetts was recently in news for...

Kevin Young & Tom Lucas, Web Industries

Kevin Young & Tom Lucas
Web Industries

Web Industries is a precision formatter of nonwoven materials used in baby ...

Johann-Philipp Dilo, Dilo Group

Johann-Philipp Dilo
Dilo Group

German company Dilo Group is one of the leading equipment suppliers of...

Sandeep Gonsalves & Sarah Gonsalves, Sarah & Sandeep

Sandeep Gonsalves & Sarah Gonsalves
Sarah & Sandeep

Established in 2012, Sarah & Sandeep is a luxury menswear label...

Aprajita Toor, Aprajita Toor

Aprajita Toor
Aprajita Toor

The creations by Aprajita Toor were born out of a deep desire to create...

Sweta Tantia, Tahweave & Garo

Sweta Tantia
Tahweave & Garo

Designer Sweta Tantia owns Garo, a couture indutva or ethnicwear brand,...

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


May 2021

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


Advanced Search