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Pakistan: minister calls for free trade regime on polyester fibre

27/10/2010
Pakistan's minister for the textile industry, Rana M.Farooq Saeed Khan, has held a meeting with representatives from various national textile associations to assess the shortage and rise in price of polyester fibre on the domestic market.

The delegation from the All Pakistan Textile Mills Association (APTMA) asked the minister to allow members to source raw material from overseas without having to pay the current 6% import duty. Not surprisingly, representatives of the local polyester fibre sector have opposed the APTMA’s viewpoint.

According to media in Pakistan, the minister said: “We believe in the implementation of the free trade regime concept across the board. Together, we have to develop and modernise the textile sector in order to bring it [to the levels of] developed countries."

He said the government would make efforts to ensure uninterrupted supply of raw materials to the textile sector.


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