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APTMA to provide viable business environment for textile sector

ISLAMABAD: All Pakistan Textile Mills Association (APTMA) yesterday stressed the need for providing competitive business environment to textile sector to enhance the country’s trade. He emphasized upon the structural balance and viability of industry to compete with regional competitors including India, Bangladesh and Vietnam, General Secretary of All Pakistan Textile Mills Association (APTMA), Anis-ul- Haq, told local news agency here. APTMA general secretary said that pragmatic and export led policies were required for industrial growth and enhancing the country’s exports. While talking to local news agency, senior official of Ministry of Commerce and Textile has assured the timely payments through Prime Minister’s “Trade Enhancement Package” of Rs162 billion to the Textile sector by June 2018 to enhance the country’s exports. “We had paid Rs9 billion out of total of Rs15 billion for last fiscal in shape of duties drawback to textile sector,” he said. The government has accorded priority to the textile sector and helped it to gain competitiveness in order to enhance the country’s exports, he said.–Agencies

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