NA body stresses for value edition in textile sector

ISLAMABAD: National Assembly Standing committee on Textile Industry on Wednesday emphasized for value addition and priorities the garments exports to enhance the country's exports.

The committee give recommendations for giving incentives to garments sector and small industries for enhancing their capacity in value addition.

The committee meeting was chaired by MNA Haji Muhammad Akram Ansari here in ministry of textile industry's building and discussed on the current situation of textile industry and proposal from exporters.

In meeting Federal Minister for Textile, Eng. Khurram Dastgir Khan said the government is committed to resolve the issues of electricity prices and sales tax on priority bases.

He informed the committee that Rs.15 billion would pays to the textile sector through Prime Minister "Trade Enhancement Package" by August 14,2017.

He said that priority of the government is facilitate the textile sector for providing them competitiveness to enhance the country's exports.

"We want to revive the confidence of textile sector through "Trade Enhancement Package" amount of Rs.162 billion for the textile industry, announced by Prime Minister Muhammad Nawaz Sharif, he informed.

Khurram said that "We are committed for the revival of textile industry and to providing enabling environment for textile sector".

The committee gives recommendation for proper execution of "Trade Enhancement Package" for the textile industry.

The committee stressed the need for protecting local textile industry to enhance exports volume of the country.

In meeting Chairman All Pakistan Textile Sizing Industries Association (APTSIA) Mian Zahid Rasheed said that government must support the textile industry for export led growth.

He informed the committee that now trade deficit is big challenge for country and stresses to provide facilities to the textile sector.

He stressed to enhance the regional trade for competing to other regional countries in textile sector and asked to authorities concerned to resolve the genuine problems of the industry.

Chairman APTSIA demanded for proper implementation on PM export enhancement package for facilitating the textile industry.

He claimed that as compared to the other regional countries in Pakistan the member mills of APTSIA were concerned about the high cost of doing business, including burdening of the industry with surcharges in electricity bills, and taxation on the export-oriented textile industry.

MNA Jamshaid Ahmed Dasti,Dr. Amirullah Marwat, Abdul Rashid Godil, Muhammad Ayaz Soomro, Malik shakir Bashir Awan, Ms. Belum Hasnain, Ms. Romina Khursheed Alam, Secretary Commerce and representative of APTSIA attended the meeting.