Pakistan Textile Industry Association seeks to withdraw restrictions on cotton imports
Aamir Fayyaz, chairman of the Pakistani Textile Industry Association (APTMA), has recently urged the government to immediately lift restrictions such as a 4% import duty on cotton and a 5% sales tax to enable the country's textile industry to meet international buyers' Requirements for textiles.
He said that despite the relevant commitments in the Prime Minister's export package, the above-mentioned restrictions have been imposed.
Pakistani media reports that non-tariff measures on cotton imported from India and Brazil should continue as the industry is in dire need of export textiles for the production of uncontaminated medium and long staple cotton.
So far, the country's textile industry has purchased only about half of its cotton demand, for quality reasons it has been forced to source quality cotton from abroad to meet its needs.
Amirfazyz added that if such restrictions continue, it will cause damage to Pakistani textile value chain.