PAKISTAN: Government intervenes as cotton exports soar
The government of Pakistan is monitoring cotton yarn exports from the country, and made it mandatory for exporters to register their orders with Trade Development Authority of Pakistan (TDAP).
It follows demands for a ban on such exports from the apparel sector of the country.
Meanwhile, a number of textile factories have gone on strike - demanding the Government ensures availability of raw materials for downstream value added textile industries in the country.
Pakistan annually produces around 3m tonnes of yarns, out of which around 75% are consumed locally for textile products including readymade garments.
During the first four months (July-October) of current fiscal year 2009-10, cotton yarn exports from the country increased by 49% compared with the same period last year though.
Ijaz Khokhar, former chairman of the Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA), welcomed the monitoring.
He told just-style that the Ministry of Textile should also ensure PRGMEA presence in the monitoring committee, to be formed to monitor the exports of cotton yarn from the country.
An interactive databank with intelligence on the major apparel sourcing countries
- Will new Vietnam wage hinder competitiveness?
- Digitisation to drive new apparel-making models
- Fashion fit for the future – strategies for speed
- Under Armour Lighthouse will disrupt production
- How TAL Apparel is staying ahead of the game
- Gap to shutter all UK Banana Republic stores
- MAS Holdings shares commitment to sustainability
- M&S "unappealing" clothing a barrier to growth
- Reebok Liquid Factory reinvents shoe production
- Bangladesh tops China as lead cotton importer
- Africa-Med strategic sourcing review – comparing East Africa, North Africa and Turkey
- REPORT BUNDLE: Africa-Med, Southeast Asia and Central America strategic sourcing pack
- Southeast Asia strategic sourcing review – a focus on Cambodia, Vietnam and Myanmar
- Apparel (GLOBAL) - Industry Report
- Global Sports and Fitness Wear Market 2016-2020