The textile and apparel exporters of Pakistan have lauded the efforts of the Government to introduce separate gas tariffs for textile value chain.
In the recently concluded 8th meeting of the Federal Textile Board held in Textile Division, Ministry of Commerce and Textile, Islamabad, the Advisor to PM on Commerce and Textile, Abdul Razak Dawood, stressed on the relevance of textile sector in Pakistan.
Dawood said that the Government was taking lot of steps to address the problems faced by the industry.
The representatives of all prominent associations of Pakistan’s textile industry commended the Government’s decision of starting a separate gas tariff for textile value chain, with expressing happiness over the price that has been fixed at Rs 600 per mmbtu.
All the exporters said that the policies initiated by the Government would help them to compete internationally.
The exporters, however, raised concerns like the long-pending rebates under the Prime Minister’s package and all concerns of spinners and other value-added sectors that have made the textile exports uncompetitive.
The advisor to the Prime Minister also said that the industry should import state-of-the-art machinery to enhance productivity.
