FPCCI demand revival of textile sector

KARACHI: The textile exporters of the country have suggested various measures to the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) for the revival of sinking indigenous industry.The round-table conference on the revival of textile sector, the largest industrial sector of the country, held here at the Federation House, formulated recommendations for the incoming Pakistan Muslim League (Nawaz) led Government aimed at increasing textile exports. These should be made a part of the policy decisions by the new government during early days of its tenure, the businessmen emphasised.Vice President FPCCI Gulzar Firoz chaired the conference, said a FPCCI statement here on Friday.The FPCCI Vice President, while announcing the recommendations, said this conference of business people representing different sectors of the national economy. That has emphasised that the government of Mian Muhammad Nawaz Sharif would have to strongly lobby in the European Union and the United States of America for extending additional market access to Pakistan and also to allow GSP-Plus facility.He said that on the request of the exporters duty and tax remission on exports (DTRE) and drawbacks on local taxes and levies (DLTL) laws should be reframed.That, the textile ministry should not be abolished but, if necessary, a...

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