Pakistan Textile Ministry Will Prepare Export Development Fund For Textile And Garment Industry
To promote textile exports, the national assembly of Pakistan was standing on Tuesday.
Spin
The product Committee instructed the Ministry of textiles to start building a separate export development fund.
EDF
The fund will be used to promote the export of textile products across the country.
The committee was informed that the textile industry earned $12 billion last year and made a good contribution to the Export Development Fund (EDF), but regretted that 40% of them did not promote exports in the textile industry.
Since the government allows the establishment of the Ministry of textiles alone, the export development fund should also be removed from the business sector.
fund
Suitable for promoting the export of textile industry, because the textile industry is an important industry in Pakistan.
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