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    Leather Industry Is In Trouble. The Pakistan Government Wants To Lower Import Tax To Guarantee The Growth Of Footwear Industry.

    2012/6/13 10:56:00 39

    PakistanLeather IndustryImport TaxFootwear Industry

    Abdul Hafiz Sheikh, Minister of finance of Pakistan (Abdul Hafeez Shaikh) has promised that the government will provide assistance to the leather industry in the future budget.

    Because of the decline in the import of raw materials and materials, the leather industry is facing some problems at present.



    Pakistan exquisite shoes


    During the meeting, Pakistan tannery Association (PTA) made a commitment.

    Sheikh (Shaikh) said that the export tax on wet blue skin may increase.

    At the same time, he also made clear that he was still considering the measures to ban the export of live cattle in the early days of the Pakistan tanning Association (PTA).



    Pakistan

    Strong market demand



    Pakistan leather needs government assistance


      

    Leather industry

    It is the second most important export industry of Pakistan's economy.

    Sheikh (Shaikh) also said that the government is planning to reduce the import tax on materials used by the entire industry, thus ensuring the growth of leather industry, clothing industry, sporting goods industry, and footwear and luggage industry.

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