Related Keywords: Cotton outpul fell, ensure free trading policy in cotton, increase taxes translating to rise in cost of doing business, Karachi Cotton Association, local textile industry compelled to import, make business competitive, making products costlier in international market, meet demand requirement, waive all duties and taxes on import of cotton
As the Pakistan cotton output during 2015/16 season fell to 9.786 million bales, the local textile industry is compelled to import raw cotton from overseas markets to meet its demand requirement of basic raw material in the wake of devastating crop failure in 2015/16 season at home and make their business competitive.
