May 2009


 

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Export orders diverted from BD to Pakistan

Pakistani textile manufacturers have started receiving export orders for the supply of home textiles which were diverted from Bangladesh due to appreciation in Takka’s value.

This was stated by the Advisor on Textiles Dr Mirza Ikhtiar Baig while talking to media after inaugurating 6th Textile Asia at Karachi Expo Centre. He said that Pakistani rupee, on the other, has been depreciated, making textile exports cheaper than other countries in the region including Bangladesh.

He said that prices of yarn and towels have increased in the local market due to rising demand by the exporters. He hoped that more export orders will be received by Pakistani exporters. The Textile Ministry has strongly recommended the government to make textile sector as zero rated regime in true sense in the forthcoming federal budget to boost country’s exports.

 
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