Pakistan Readymade Apparels Manufacturers & Exporters Association (PRGMEA) has appealed the government to allow duty-free import of fabric under a simple and easy procedure instead of ‘Procedure of Duty Tax Remission for Exports’ (DTRE).

AdeebIqbal Sheikeh, Vice-Chairman and North Zone Head, PRGMEA suggested the government to review its textile policy to remove hurdles hindering exports and to enable the textile sector to attain the exports targets.

 

It urged the government to abolish all duties on the import of fabrics in line with the import relaxation provided on import of cotton yarn, as value-added apparel sector is facing severe shortage of basic raw material of fabrics, which may lead to a drastic decline in value-added textile export.

 

PRGMEA also wants duty-free import of fabric, as the cotton prices find no respite from an unabated spike with the industrial input trading at season’s highest rates because its muted local production continues to widen demand and supply gap, Sheikeh added.

 

Source: fashionatingworld.com