PHMA demands equal access

Local apparel, textile sector has expressed concern over government's decision to include rice sector

PHMA chairman said that FBR is bent on proposing draconian moves that would destroy the value-added sector’s exports. PHOTO: REUTERS

KARACHI:

The local apparel and value-added textile sector has expressed concern over the government's decision to include the rice sector, whose share in exports is only $3 billion, in the Export Development Fund (EDF) and the Duty Drawback of Local Taxes and Levies (DLTL) mechanism involving large allocations, while exporters from the apparel and value-added textile sector remain ignored. The sector has demanded that the government extend EDF and DLTL facilities on an equitable basis to this key sector, which accounts for $18 billion in exports.

PHMA Central Chairman Babar Khan said the government owes Rs5 billion to the value-added textile sector under the DLTL scheme since 2014. He said export-led growth cannot be achieved through policies alone and requires a reduction in production costs and practical facilitation. He urged the prime minister to immediately declare an export emergency and convene a meeting comprising representative organisations of all export sectors. He said exporters across Pakistan's value-added textile sector have serious reservations over the provision of support under the EDF-DLTL mechanism to only one export sector

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