The Economic Co-ordination Committee (ECC) of the Pakistan’s Cabinet has decided to withdraw duty exemption on cotton yarn import, according to a press release from the Ministry of Finance.
The Economic Co-ordination Committee (ECC) of the Pakistan's Cabinet has decided to withdraw duty exemption on cotton yarn import, according to a #
The ECC of the Cabinet, which met under the Chairmanship of the Federal Minister for Finance Mohammad Ishaq Dar, decided to withdraw SRO 15(I)/2010, which exempted cotton yarn import from custom duty of 5 percent, in order to check import of cotton yarn, the release said.
The Economic Co-ordination Committee (ECC) of the Pakistan's Cabinet has decided to withdraw duty exemption on cotton yarn import, according to a #
In recent months there has been a rapid increase in import of cotton yarn and Pakistan’s domestic cotton yarn industry has started feeling the heat of extraordinary liberal tariff regime.
The Economic Co-ordination Committee (ECC) of the Pakistan's Cabinet has decided to withdraw duty exemption on cotton yarn import, according to a #
Meanwhile, SM Muneer, Chairman of the Trade Development Authority of Pakistan (TDAP), has said that the appreciation of Pakistani rupee against the US dollar has adversely affected export-oriented sectors, including textiles, and has urged the Finance Ministry should work for resolving this issue.
The Economic Co-ordination Committee (ECC) of the Pakistan's Cabinet has decided to withdraw duty exemption on cotton yarn import, according to a #
During the eight-month period from July 2013 to February 2014, Pakistan’s textile and apparel exports increased by 8.28 percent year-on-year to US$ 9.155 billion, while its imports also grew by 2.92 percent year-on-year to$1.737 billion, according to the data from the Pakistan Bureau of Statistics.
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