FAISALABAD, June 20: The All Pakistan Cloth Exporters Association (Apcea) has demanded immediate release of textile quota of the year 2002 denied due to over-shipment.
In a statement here on Thursday, acting Apcea chairman Rana Arif Tauseef said that cloth exporters had made shipments in December 2002 from their regular performance quota. But the EPB refused them export licenses on the plea that due to the over-shipment the European Union had imposed embargo on further issuance of licenses to Pakistani exporters, he said.
On the representation of exporters that they had made shipments against their regular quota allocated to them by the Quota Supervisory Council or EPB and that their shipments were incurring demurrage at ports, the concerned quarters requested them to get their year 2002 consignments released against their quota of year 2003. He said the exporters were promised that they would be duly compensated.
He further pointed out that nearly six months had passed and half of the quota year had ended, but no compensation had so far been allowed to exporters. He said that repeated attempts of exporters to get their losses recompensed had been avoided on the pretext that figures of compensatory quota had not been finalized yet.
After a series of meetings, the exact figures had been verified and counter-checked by all concerned. Now the matter, he said, had reached policy level decision making and issuance of necessary instructions for releasing compensation for the quota losses suffered by exporters.
He stressed the officials concerned to take immediate decision and order compensation to exporters as the time left for the utilization of this quota was very short.