Chaos: Political turmoil could hurt export orders

Exporters blamed the PML-N workers for the day-long clashes in the city

FAISALABAD:

The political uncertainty in Faisalabad has not only painted a negative image of the country but will also have direct implications for export orders from the western market.

Exporters blaming the PML-N workers for the day-long clashes in the city said they supported the government in maintaining peace, but it did not mean the state was given the licence for retaliation, killing or injuring the protesters.

They said many businesses had moved to Punjab in recent years due to poor law and order situation in Karachi. However, they feared the chaos might create hurdles for the industrialists, exporters and businessmen.

Local trade bodies, chambers and exporter organisations had rejected the strike call given by the Pakistan Tehreek-e-Insaf (PTI) earlier.

Out of $13.7 billion worth of textile exports by the country, the contribution from Faisalabad is estimated at $5 billion.

Published in The Express Tribune, December 9^th,  2014.

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