Gao Li Run Encourages Pakistan Textile Industry To Be Pferred To Bangladesh.

Pakistan textile minister Makhdoom Shahabuddin said that the main reason for the pfer of Pakistan's textile industry to Bangladesh was not the lack of electricity and natural gas and the high price of electricity, but the preferential treatment granted by the European Union and the United States to Dhaka.

On Monday, Shahabuddin talked about the situation of Pakistan's textile industry, saying Bangladesh was a privileged country because Bangladesh was included in the least developed countries by the European Union and the United States.

Bangladesh has been given preferential treatment. Bangladesh textile industry has gained large economies.

He added that this is Pakistan Bangladesh textile industry to Bangladesh.

According to the minister, over the past 5 years, over 40% of the Pakistan textile industry and about 200 thousand power looms have been pferred to Bangladesh.

In the southern part of Punjab, more than 60 thousand families live on daily wages. They find that they are out of pocket because of unemployment.

In the whole province of Punjab, the lives of 200 thousand families have been directly or indirectly affected.

He said that the shortage of electricity and electricity and natural gas is not the main reason, not only the shortage of energy in Pakistan, but the government has not imposed additional costs.

For South Asian industries, this is a major challenge.

He said that this year will reduce the phenomenon of power failure and then the electricity price will also be lowered according to the needs of the country.

He said the government will set up a duty free zone for the textile industry in southern Punjab province. Punjab province is considered to be the hub of the textile industry.

The minister said that the government is taking all measures to attract foreign investment and improve the economy, which will solve the unemployment problem.