Safeguard Measures Implemented By Pakistan Textile Mills Association
The Pakistan Textile Mills Association (APTMA) has already sought the Ministry of textiles, which requires that it take targeted measures of reciprocity to compete with the international market by providing a fair competition environment and import India to Pakistan. yarn Immediate implementation of safeguard measures to stop the consumption of domestic textile competitiveness.
India It is Pakistan's biggest competitor in the field of international textile industry. This is a serious concern. Under the aggressive sales of India, Pakistan's export market has been developing slowly. In the past year, the rupee of Pakistan has increased, and the difference between Pakistan and India rupees has dropped from 44.92 rupees to the current 36.89 rupees, which has appreciated 8.03 rupees (18%).
The impact of the appreciation has further increased the India government's influence on it. Export industry A large number of supplements include 3% of the export amount, 5% of the capital expenditure, 1 of the rupee, and many other incentives.
India's yarn exports to Pakistan are increasing. Over the past three years, the import of India yarn has increased from 4927 tons to 25839 tons. This is a question worthy of serious consideration. India has built an invincible wall, especially yarn imports, so the yarn of Pakistan has not been exported to India.
In its letter to the Federal Ministry of Finance and the Ministry of Commerce, APTMA asked for appropriate measures to cover the survival of the largest industry in Pakistan, including the Federal Ministry of Finance and the Ministry of Commerce. In view of the current crisis, they have urgently called for immediate action.
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The Pakistan Textile Mills Association (APTMA) has found the Ministry of textile industry, requiring it to adopt targeted measures of mutual benefit to compete with the international market by providing a fair competition environment, and immediately implementing safeguard measures for the yarn imported from India to Pakistan, and stopping the consumption of the competitiveness of the domestic textile industry.
India is Pakistan's biggest competitor in the field of international textile industry. This is a serious concern. Under the aggressive marketing of India, the export market of Pakistan has been developing slowly. In the past year, the Pakistan rupee has appreciated, and the difference between Pakistan and India rupees has dropped from 44.92 rupees to the current 36.89 rupees, an increase of 8.03 rupees (18%).
The impact of the appreciation has further increased the India government's large number of supplements to its export industry, including 3% of the export amount, 5% of the capital expenditure, 1 of the rupee, and many other incentives.
India's yarn exports to Pakistan are increasing. Over the past three years, the import of India yarn has increased from 4927 tons to 25839 tons. This is a question worthy of serious consideration. India has built an invincible wall, especially yarn imports, so the yarn of Pakistan has not been exported to India.
In its letter to the Federal Ministry of Finance and the Ministry of Commerce, APTMA asked for appropriate measures to cover the survival of the largest industry in Pakistan, including the Federal Ministry of Finance and the Ministry of Commerce. In view of the current crisis, they have urgently called for immediate action.
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