Aptma opposes regulating yarn exports





PESHAWAR - All Pakistan Textile Mills Association Chairman Mohsin Aziz, while rejecting regulating cotton and yarn raw exports on demand of valued-added textile manufacturers, said that the move was totally unjustifiable, those who were demanding that have malafide intentions and selfish motive behind it.
Speaking at a press conference here at Aptma house on Friday, he said that the regulation of raw cotton and yarn exports on behest of few influential would bring negative impacts on job intensive sector of textile.
Flanked by Central Vice Chairman Raza Kuli Khan Khattak and KPK Chairman Mohammad Taimur Shah, he said that Pakistan cotton production was increased from 11.5-12 million bales, whereas around 14.5 million bales have already arrived. He further added that the flash flood in Sindh province had destroyed nearly 2.5 million bales. Regarding the approach of Pakistan Apparel Forum (PAF), and Pakistan Bedwear/Knitwear Exporters Association (PBEA) for regulating of raw cotton and yarn exports in light of Indian ban on raw material exports, he said that the move was totally based on selfish motive to curb exports by putting ban instead of exports to get raw material than international market prices. He said they are jugglers and have self motive to put curb and control in order to get less-rate on cotton and yarn. 
Referring of putting ban on raw cotton exports by India, Aptma chief informed that India gradually decreased cotton production from 33 million bales to 25 million bales, whereas Pakistan production ratio doubled as compared to India.
He maintained that Indian government’s step was to mere safeguard local industrial sector. India had imposed ban on export raw cotton material last year, which was drastically reduce size of crop. These curbs added reduce cotton in India while their farmers are depriving of their genuine return and country became an unreliable.
Aptma chief said that regulation ban on yarn was placed in 2009-10 on the behest of some influential elements adding that yarn is available in surplus quantity in the country.
Whereas, he said the value-added industry in line with international requirement needs to put their houses in order rather asking for unjustified relief and curbs.
He said that India is also reviewing decision after global concern. Aptma believes on free trade, market access mechanism and against any kind of curb and control.
Aziz said the government is talking about access to EU market and free trade and export, while regulation of the sector was tantamount to curb on international trade and exports. He said the EU market access goal can’t be achieved under such policies. He informed that Pakistan exports to European states stands at $4 billion including yarn, clothes and garment.
Regarding the acute shortage of electricity and gas supply, he said that about 20 percent textile exports had declined with average $1billion.
 

ePaper - Nawaiwaqt