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Aptma rejects imposing regulatory duty on import of cotton from India

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.

PCGA opposes waiving off RD, tax on cotton import from India

Related Keywords: agricultural sector, cotton bales, custom duty, Ginners, hit domestic industry, import of cotton from India, local farmers, must continue for survival, opposes waiving off regulatory duty, Pakistan Cotton Ginners Association, Sales tax

Pakistan Cotton Ginners Association (PCGA) has strongly demanded that regulatory duty, sales tax and customs duty on the import of cotton from India should not be waived off and it must continue for the survival of local farmers as well as ginners.

The PCGA Chairman Nawab Shehzad Ali Khan said that Cotton economy was passing through the worst crisis of the history and they should avoid to benefit any stake holder at the cost of national economy and Prime Minister Nawaz Sharif should take notice of such proposals personally.

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