Textile garment export during Christmas season amounts to $1 billion

The textile garment manufacturers-cum-exporters have showed their concern over the likely divergence of about one billion dollars foreign orders for Christmas season of this year mainly because of stiff conditions imposed by foreign buyers.

The exporters said that unfortunately the country has lost its reliability in terms of timely shipments of foreign consignments. Foreign buyers now do not rely on supply side of their booked consignments, while prior to Christmas season they have already laid down their strict conditions in this regard. The country's export of value-added textile products during Christmas season every year to Europe and US stands at about one billion dollars and in the current year foreign buyers are insisting on timely shipment of consignments from Pakistan.

They said that buyers cannot afford to lose a single penny during the Christmas season, therefore their demands are getting stiff. While, the soaring cost of production is hampering the country's export process. Since the abolition of quota regime in the European market, the value-added textile sector has been caught by crisis continuing till date. They expressed fears and demanded of the Government to constitute a policy forthwith.