He said that US
government pledge to give free exhibition stalls to the Pakistani
Industrialists is a welcome step but stressed that free access be given
to Pakistani products in US market..The delegation discussed the
problems faced by the value-added textile sector and pointed that
increase in exports of the sector for financial year 2009-10 have been
less than the target…They termed the poor law and order
situation in the country, liquidity problems, high mark up rates and
impending VAT regime as the factors responsible for not achieving the
targets…The delegation demanded uninterrupted gas supply to the
industry, reduction in mark-up rates, curtailment of cross subsidy to
the fertiliser sector at the expense of textile industry, settlement of
the pending claims of drawbacks and others and availability of funds for
the effective implementation of the Textile Policy and requested Ms
Faryal Talpur to play her role to fulfil these demands…Ms Talpur
acknowledged issues and demands raised by the delegation and assured of
her full support to redress the problems faced by this important
sector. She however advised the industrials to meet the President and
Prime Minister to raise their problems directly at the highest level…The
delegation included Zubair Motiwala, Mian Lateef, Rana Mushtaq, Shahid
Nazeer, Rafiq Godal, Javed Balwani, Mian Hamid Javed, Waqar Alam, Dr.
Shehzad, and Yaqoob Balwani”
Date:6/29/2010
Source:Fibre2Fashion