The Pakistan Textile Mills Association Requires The Import Of Polyester Staple Fibres Into Zero Tariff.
In a statement, the Pakistan Textile Mills Association (APTMA) asked the government to allow zero duty to import raw polyester staple fibers.
APTMA said that the government has allowed zero tariff to import polyester staple blended yarn, but the import of polyester staple yarn is subject to a 4.5% tariff.
Such tariffs are very abnormal, resulting in difficulties in industrial production and should be abolished immediately.
The association called on the government to dissolve the serious crisis and rationalize the tariff of PSF.
Textile yarns
The cost makes Pakistan's industrial value added sector more competitive in the international market.
Pakistan
There is a serious shortage of polyester staple fiber.
The closure of the Dewan Salman fiber factory resulted in a 38% short cut in polyester fiber in Pakistan. As a result, the price of polyester staple in Pakistan is 30% higher than that in the international market.
The introduction of polyester staple fiber import tax, resulting in the proportion of raw material blending ratio of synthetic fiber to 18%, while the proportion in the world is 60%.
APTMA
The government called on the government to cancel all tariffs on imported raw materials so that Pakistan could achieve export targets of US $25 billion in 2014 and create tens of thousands of jobs.
The Pakistan Pakistan Textile Mills Association (APTMA) is the leading textile and weaving Association in the country, representing Pakistan's Organization Department.
APTMA is the largest association in the country, representing 315 spinning mills, 44 weaving factories and 37 comprehensive factories.
The total installed capacity of APTMA textile mill members is 9661366 spindles, 61608 rotors, 10452 woven / air-jet looms and 1897 traditional looms.
Members of the association produce spinning and rotor spinning, grey cloth, printing and dyeing cloth and bedding.
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