Garment exporters seek R&D subsidy

Published October 12, 2005

KARACHI, Oct 11: The Pakistan Readymade Garments Manufacturers & Exporters Association (Prgmea) has urged the ministry of commerce to extend the research and development (R&D) subsidy to promote garment exports to Turkey and other non-traditional markets.

The Prgmea South Zone chairman Atiq A Kochra said in a statement on Tuesday that Turkey was the only quota country which was not included in the R&D support scheme. He suggested that the time limit for filing R&D support claims should be extended from 30 days to 60 days because the upcountry exporters could not meet the deadline.

He further said that an amnesty scheme should be announced for the acceptance of all time-barred claims.

The Prgmea chairman also expressed concern over the delay in payment of R&D subsidy mainly due to the objections raised by the State Bank of Pakistan and the issuance of Annexure III Form by the customs.

He suggested that the schedule banks should be given the responsibility to process and verify the claims and forward the same to the State Bank for payment.

Opinion

Editorial

A difficult story
Updated 12 Jun, 2026

A difficult story

Unless productivity becomes the dominant target of economic policy, Pakistan will continue to oscillate between crises and fragile recovery.
Rough waters
12 Jun, 2026

Rough waters

AMONGST the key potential triggers for fresh conflict in South Asia is water. The Indian state is behaving in an...
Politicised football
12 Jun, 2026

Politicised football

ALMOST three-and-half years since Lionel Messi led Argentina to FIFA World Cup glory, the latest edition of...
GB polls’ aftermath
Updated 11 Jun, 2026

GB polls’ aftermath

The new administration must address the region’s issues proactively.
Peace in retreat
11 Jun, 2026

Peace in retreat

THE ceasefire announced in April was supposed to create space for negotiations. Instead, it has been repeatedly...
A few good men
11 Jun, 2026

A few good men

IT was a brave move, no doubt. This Tuesday, in the land of the Afghan Taliban, a few good men decided to take a...