Pakistan will increase support for the textile industry
According to a report by Pakistan’s “Business Record” on March 11, Pakistan’s Commerce Minister Hram Dastgir recently stated that the government is actively preparing to introduce new trade policies. As Pakistan’s most important industrial sector, the textile industry will Being given priority. He also said that affected by the global economic downturn, Pakistan’s textile exports have continued to decline due to increased volume and falling prices, and the government will make every effort to promote textile exports. The Pakistani government is currently considering restoring the tax-free policy for five major categories of products, including textiles, in the next fiscal year to facilitate industrial development and promote exports. Pakistan will increase support for the textile industry
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