Monday, December 28, 2009

Pakistan : PHMA asks to restrict cotton yarn exports

Jawaid Bilwani, Chairman of Pakistan Hosiery Manufactures Associations (PHMA) has requested Government to restrict export of cotton yarn to increase exports of apparel.

High exports of cotton yarn adversely affect production of value added apparel as it is main component required to make apparel, informed Jawaid Bilwani.

Value added apparels earn more foreign exchange than the cotton yarn exports and therefore, more emphasize has been given on apparel exports.

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