RAHIM YAR KHAN, July 13: The country could earn 2,000 per cent more foreign exchange by exporting garments instead of cotton.

This was stated by State Minister for Trade and Commerce and Export Promotion Bureau chairman Tariq Ikram in a seminar organized by the district government and Pakistan Cotton Ginners Association.

The minister said that Pakistan had to take necessary steps for enhancing its exports, adding that the country got 17 per cent of its GDP from exports.

Trading Corporation of Pakistan Chairman Syed Masood Alam said the support price of cotton was fixed at Rs840 per 40kg. He said the TCP would purchase cotton only from the areas where its rates would be less than the support price.