FAISALABAD: US licensor Walt Disney has dropped Pakistan from its list of ‘Permitted Sourcing Countries’ from April 1, sources in the textile industry confirmed on Wednesday.

The US entertainment giant banned any import from Pakistan as the country failed to satisfy the trading partner company of its intentions to improve what it considered “poor governance standards”.

“There is no ambiguity in the position taken by Disney. No shipment is permissible to any certified agent or vendor dealing in the brand of Walt Disney merchandise after April 30,” Azhar Majeed Sheikh, the chairman of Arzoo Textile Mills, told Dawn.

“Anyone (importer or exporter) found violating the ban will be liable to heavy penalties besides being blacklisted,” he said.

The US company’s decision has stripped Pakistan of $200-million exports of textile products.

The firm issued stiffer warning to Bangladesh when it decided to put Pakistan on its watch list because of repeated incidents of factory fires in textile garment units.

However, Bangladesh government managed to get a waiver by getting a placement in ILO/IFC ‘Better Work Programme’ that allows close monitoring of the country for social audit.

“It is an irony that Bangladesh managed to evade the ban and continues to trade with Disney, but the inefficient and ineffective doyens of commercial relations occupying cushy seats at the ministry and the Trade and Development Authority of Pakistan failed the business community,” a frustrated textile exporter commented.

“The people responsible for the fiasco should be taken to task if the government wishes to fare better on the governance scale,” another businessman said.

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Enrolment drive
Updated 10 May, 2024

Enrolment drive

The authorities should implement targeted interventions to bring out-of-school children, especially girls, into the educational system.
Gwadar outrage
10 May, 2024

Gwadar outrage

JUST two days after the president, while on a visit to Balochistan, discussed the need for a political dialogue to...
Save the witness
10 May, 2024

Save the witness

THE old affliction of failed enforcement has rendered another law lifeless. Enacted over a decade ago, the Sindh...
May 9 fallout
Updated 09 May, 2024

May 9 fallout

It is important that this chapter be closed satisfactorily so that the nation can move forward.
A fresh approach?
09 May, 2024

A fresh approach?

SUCCESSIVE governments have tried to address the problems of Balochistan — particularly the province’s ...
Visa fraud
09 May, 2024

Visa fraud

THE FIA has a new task at hand: cracking down on fraudulent work visas. This was prompted by the discovery of a...