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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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