AGL 40.40 Increased By ▲ 0.39 (0.97%)
AIRLINK 127.00 Decreased By ▼ -0.99 (-0.77%)
BOP 6.61 Increased By ▲ 0.01 (0.15%)
CNERGY 4.50 Decreased By ▼ -0.10 (-2.17%)
DCL 8.53 Increased By ▲ 0.05 (0.59%)
DFML 41.65 Increased By ▲ 0.17 (0.41%)
DGKC 87.00 Increased By ▲ 0.42 (0.49%)
FCCL 32.29 Increased By ▲ 0.15 (0.47%)
FFBL 65.10 Decreased By ▼ -0.32 (-0.49%)
FFL 10.19 Decreased By ▼ -0.06 (-0.59%)
HUBC 109.50 Decreased By ▼ -0.99 (-0.9%)
HUMNL 14.70 Decreased By ▼ -0.05 (-0.34%)
KEL 5.13 No Change ▼ 0.00 (0%)
KOSM 7.51 Increased By ▲ 0.39 (5.48%)
MLCF 41.55 Decreased By ▼ -0.10 (-0.24%)
NBP 59.69 Decreased By ▼ -0.40 (-0.67%)
OGDC 194.69 No Change ▼ 0.00 (0%)
PAEL 28.20 Increased By ▲ 0.25 (0.89%)
PIBTL 7.80 Decreased By ▼ -0.20 (-2.5%)
PPL 152.55 Increased By ▲ 1.38 (0.91%)
PRL 26.61 Decreased By ▼ -0.27 (-1%)
PTC 16.10 Increased By ▲ 0.10 (0.63%)
SEARL 79.50 Increased By ▲ 1.30 (1.66%)
TELE 7.47 Increased By ▲ 0.08 (1.08%)
TOMCL 35.45 Decreased By ▼ -0.22 (-0.62%)
TPLP 8.22 Increased By ▲ 0.31 (3.92%)
TREET 16.06 Increased By ▲ 0.17 (1.07%)
TRG 52.86 Increased By ▲ 0.10 (0.19%)
UNITY 26.75 Increased By ▲ 0.20 (0.75%)
WTL 1.26 Decreased By ▼ -0.01 (-0.79%)
BR100 9,892 Decreased By -28 (-0.28%)
BR30 30,712 Decreased By -39.5 (-0.13%)
KSE100 93,318 Increased By 93.1 (0.1%)
KSE30 28,924 Increased By 39 (0.13%)

LAHORE: Pakistan Carpets Manufacturers & Exporters Association (PCMEA) on Wednesday demanded that government should remove high rates of customs duties and transportation expenses on industry which are hitting the carpet industry hard.

LCCI Executive Committee Member Mian Attiq Rehman who was leading the delegation briefed the President of the Lahore Chamber of Commerce & Industry Mian Nauman Kabir, Senior Vice-President Mian Rehman Aziz Chan and Vice-President Haris Ateeq regarding the problems faced by the industry.

Member of delegation Maj Akhtar Nazir (retd) said that export orders of carpet industry have been dropped due to various reasons. He mentioned that Pakistani exporters provide raw material to the Afghan Weavers. They produce carpets and send back to Pakistan. He said that during transportation Pakistani exporters face various hurdles which should be removed.

The delegation members informed the LCCI office-bearers that India and Afghanistan have subsidized their carpet sector but not Pakistan due to which, the exporters of Pakistan are uncompetitive in the international market.

They urged the government to establish an effective banking system with Afghanistan to ensure smooth trade. They said that due to Covid-19, freight and shipping charges have been increased by two to four times. They added that Pakistani carpet exporters are paying USD 10 to 12 per meter on the export of carpets to Europe while Afghan carpet exporters are paying just USD 0.5 per meter on the export to same destination.

Copyright Business Recorder, 2021

Comments

Comments are closed.