Govt must save textile exports: PTEA

Published June 25, 2015
Pakistan exported textile goods worth $1.12bn in May—White Star/File
Pakistan exported textile goods worth $1.12bn in May—White Star/File

LAHORE: The Pakistan Textile Exporters Association (PTEA) on Wednesday urged the federal government to save textile exports from consistent decline, both in terms of value and quantity.

PTEA Chairman Sohail Pasha and Vice-Chairman Rizwan Riaz Saigal, in a joint statement said that achieving targets to double textile exports appeared to be a herculean task in the perspective of 5.91 per cent drop in textile exports in May over the same month of previous fiscal year.

Giving details, they said that Pakistan exported textile goods worth $1.12 billion in May against exports of $1.19bn in the same month of last year which showed decline of 5.88pc.

Know more: Non-textile exports dive in July-May

Textile exports were also down by 1.70pc in comparison with July-May period of previous year, they added. Export of value-added items witnessed negative growth, cotton cloth down by 15.70pc, knitwear 11.32pc, bedwear 9.80pc and towels 9.23pc.

Published in Dawn, June 25th, 2015

On a mobile phone? Get the Dawn Mobile App: Apple Store | Google Play

Opinion

Editorial

Who should vote?
06 Dec 2021

Who should vote?

Logistical issues regarding transparency in the casting of votes also require detailed deliberations.
06 Dec 2021

Weak fundamentals

LAST week, Pakistan’s finance chief Shaukat Tarin sought to reassure the markets and people that our economic...
06 Dec 2021

Winter sports potential

FOR a country blessed with three of the world’s most famous mountain ranges, Pakistan has produced precious few...
Horror in Sialkot
Updated 05 Dec 2021

Horror in Sialkot

All it takes now is an allegation of blasphemy and an individual or two to incite a mob to commit murder.
05 Dec 2021

Iran deadlock

EFFORTS to revive the landmark 2015 Iran nuclear deal in the Austrian capital of Vienna appear to be deadlocked, and...
05 Dec 2021

Reality of AIDS

AS World AIDS Day was marked on Dec 1, it came as a sobering reminder of how newer, major health hazards — the...