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Related Keywords: APTMA, double textile exports, enable to undertake investment, investment initiatives, lower cost of doing business, produce exportable surplus, reduce burden of taxes on exports, textile and clothing exports declined, urged government to resolve textile industry issues, USD one billion per annum

All Pakistan Textile Mills Association (APTMA) Punjab chairman Aamir Fayyaz pointing out that the textile and clothing exports of Bangladesh and Vietnam have registered an increase of $2 billion and $4 billion respectively against Pakistan’s textile and clothing exports which has dropped by $1 billion during the same period has urged the government to resolve the textile industry issues and enable the industry to undertake investment worth $1 billion per annum.

Related Keywords: APTMA, become unviable owing to a steep rise, boost falling exports, cost of doing business, expanding into retail markets, exports, revive closed production capacity, save collapsing industry, sharp increase in energy prices, shortages, support investment in textile industry, textile manufacturers, textile manufacturing

The textile manufacturers are expanding into retail markets as textile manufacturing and exports have become unviable owing to a steep rise in the cost of doing business mainly on account of sharp increase in energy prices and shortages in the last three years, said Aptma leader Gohar Ejaz.

Related Keywords: APTMA, demand for fix a uniform rate, enhance revenue in national interest, FBR, Federation of Pakistan Chambers of Commerce and Industry, five percent import duty on all kinds of dyes, Pakistan Dyes Manufacturers Association, Pakistan Textiles Processing Mills Association, remove anomalies from budget, threat to textile industry and exports

The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) standing committee on industrial promotion and facilitation chairman Abdul Shakoor Khatri, members of All Pakistan Textiles Processing Mills Association and Pakistan Dyes Manufacturers Association have asked the government to fix a uniform rate of 5 percent import duty on all kinds of dyes.

Related Keywords: APTMA, arrest decline in the size of domestic cotton, competitive prices, failure of cotton crop, import of cotton, make raw material available to industry, Pakistani textile manufacturers, Textile Industry, withdraw three percent import duty on cotton

Pakistani textile manufacturers urged the government to withdraw three percent import duty on cotton to arrest the decline in the size of domestic cotton. All Pakistan Textile Mills Association (Aptma), ChairmanTariq Saud, Chairman said that the removal of duty was essential so as to make raw material available to the industry at competitive prices.

Related Keywords: APTMA, better quality cotton seed to the growers, import of cotton from India, industry facing acute shortage of cotton, introduction of modern technology, local market flooded with imported yarn and fabrics, produce more cotton instead of other crops, provide incentives, reexamine Cotton Research Institutions, rejects imposing regulatory duty

The recommendation of Senate Standing Committee on National Food Security and Research to impose regulatory duty on import of cotton from India through Wagha Border has been strongly rejected by All Pakistan Textile Mills Association (APTMA) as the industry is facing acute shortage of cotton resulting in the local market flooded with the imported yarn and fabrics.

Related Keywords: across value chain, APTMA, BMZ, continue supporting Pakistan textile industry, German Ministry for Economic Cooperation, GIZ, global challenges to textile exports, GSP Plus status, sign declaration of intent, SPC with the technical support, sustainable textile industry, website launched to create awareness on Sustainable Production Centre

The All-Pakistan Textile Mills Association (APTMA) has signed a Declaration of Intent (DoI) for a sustainable textile industry across the value chain with the German Ministry for Economic Cooperation (BMZ) on Thursday.

APTMA Punjab Acting Chairman Syed Ali Ahsan and Country Director GIZ Dr Ulrike Reviere signed the DoI on behalf of their respective organizations. A website www.spc.org.pk was also launched to create awareness on Sustainable Production Centre.

Related Keywords: APTMA, considering shortfall in local cotton output, cotton used to manufacture high value yarn, high added products, import of raw and ginned cotton, mainly exported in one form or another, propose duty and sales tax exemption, save domestic industry demand zero duty on import of manmade fibres, textile millers

The All Pakistan Textile Mills Association (Aptma) considering the shortfall in the local cotton output, urged the government on Monday to allow duty and sales tax exemption on import of raw and ginned cotton. As this cotton is used to manufacture high value yarn and in turn high added products, which are mainly exported in one form or another.

The textile millers also said that there should be no sales tax on raw cotton and ginned cotton at the import stage in order to avoid cumbersome procedure of the sales tax refund,

Related Keywords: agriculture economy will be ruined, APTMA, bales of cotton is not imported from India, cotton cess, cotton harvest low, opposed ban on cotton import from India, Pakistan has sufficient stock of cotton, shortage of raw material, spinning units to stop production, take up matter of crop failure, Trading Corporation of Pakistan

The Senate Standing Committee on National Food Security and Research of Pakistan imposed immediate ban on cotton import from India stated that Pakistan has sufficient stock of cotton was strongly opposed by the All Pakistan Textile Mills Association (Aptma).

Aptma Chairman Tariq Saud said that it is a misconception that adequate cotton stocks are available with the Trading Corporation of Pakistan (TCP). The country’s agriculture economy will be ruined if 0.5 million bales of cotton is not imported from India.

Related Keywords: APTMA, cotton bales, cotton cultivation in Punjab, fix intervention price for cotton, in current season declined, largest cotton producing province, Pakistan cotton production may witness further decline, Pakistan National Food Security and Research, reduction of input cost, right measure not taken, TCP

Cotton Commissioner Dr Khalid Abdullah while speaking at the Senate Standing Committee on National Food Security and Research on Wednesday, said that, cotton cultivation in Punjab the largest cotton producing province is going down by 28 percent in the current season and termed it very alarming. Due to which the cotton production in Pakistan may witness further decline next year.

He further added that the country witnessed 30 percent decline in cotton production in year 2015-16 due to abnormal weather, seed quality, pests, diseases and low prices.

Related Keywords: APTMA, causing heavy demurrages, delayed permission to import cotton bales, held up at Wagha border, over delay in import of cotton bales, Pakistan textile industry hit, Pakistani commerce minister, remove the restriction on import of cotton bales, storage charges are piling up fast, textile millers, through land route at the Wagha border

A large quantity of cotton imported from India has held up with the border terminal at the Wagha, as Pakistani Commerce Minister Khurram Dastgir has delayed permission to import over 0.5 million cotton bales from India due to which it has hit the textile industry’s viability hard, said the textile industry sources.