- 20 May 2010
Yarn makers see loss of Rs18b - 27 May 2010Textile exports up 7% this year
- 28 May 2010
$1b a year lost due to cotton shortfall
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India to export 263,000 cotton bales to Pakistan
India informed Pakistan that it will export 263,000 bales of cotton to Pakistan after revalidation of cotton contracts.
India will start exporting cotton to Pakistan after revalidation of contracts.
The trade minister Delhi informed Federal Advisor on Textile Dr Mirza Ikhtiar Baig on Saturday that India has started issuing licence to allow export of cotton to Pakistan.
After revalidation of cotton contracts, India will export 263,000 cotton bales that were purchased by Pakistani companies.
Dr Baig requested the Indian commerce secretary and the trade minister Delhi to expedite the shipment of Indian cotton against Pakistani orders and was also pursuing this matter with the Indian and Pakistani High Commissioners to get the cotton in Pakistan before arrival of the new corps in to ease the shortage of cotton to the textile Industry.
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this move by the indian must help the textile industry in Pakistan.good trade relations between the two would ease the prevailing tension. india and pakistan should forge a treaty on the lines of naftaRecommend
This is a positive move by India. We hope Pakistan reciprocates by handing over terrorists.Recommend
Great! Thank you India. Our textile/apparel industry will once again become competent internationally.Recommend