Five representative textile bodies of value-added sector have strongly demanded complete and immediate ban on export of yarn for saving their investment of billions of dollars and livelihood of more than 2.5 million people.

Addressing a joint media conference, Muhammad Mushtaq Khan, central Chairman of Pakistan Hosiery Manufacturers and Exporters Association (PHMA), Naeem Ahmed, Vice Chairman of PHMA (North Zone), Ikhlaq Ahmed, Chairman of APCPA, Abdul Haq, Chairman Action Committee of All Pakistan Cotton Power Looms Association (APCPA), Khurram Mukhtar, Chairman of PTEA, and Hamid Javed ex-president of FCCI said that bureaucracy and spinning lobby had sabotaged previous agreement by finalizing fake and inflated figures relating to export of cotton yarn. They said that the ultimate objective of the Islamabad Pact for capping yarn was to ensure availability of cotton yarn to the domestic value-added industry at reasonable rate.