Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors

Pakistan’s Senate wants ban on Indian cotton imports

by | May 25, 2021

cottonexportIslamabad, (IANS) The Pakistani senate committee on National Food Security and Research has asked the government to stop the import of cotton lint from India.

Committee chairman Syed Muzaffar Hussain Shah, chairing the meeting on Wednesday, said the country’s agriculture economy would be ruined if the import of 0.5 million bales of cotton from India through the Wagah border checkpost was not stopped, Dawn online reported.

It observed that the last season showed a 30 percent decline in cotton production, and added the figure could rise if immediate measures were not taken.

There is sufficient stock of cotton lint available with the Trading Corporation of Pakistan, so there is no justification to import cotton, observed the committee.

It also sought a report from the ministry of commerce on the import of cotton lint from India.

Minister for National Food Security and Research Sikandar Hayat Khan Bosan endorsed the recommendation.

The committee asked the government to immediately announce the intervention price for cotton as harvesting season is fast approaching. Punjab has already asked the federal government to announce the intervention (support) price.

Commerce Minister Khurram Dastgir Khan during a meeting with representatives of the Pakistan Cotton Ginners Association (PCGA) on Wednesday said his ministry would work in collaboration with the provincial governments to increase the production of cotton.

The meeting also discussed the role of Trading Corporation of Pakistan and the effect of import policy of cotton.

Khan said the government’s prime concern was to protect the interests of farmers besides boosting textile exports.

0 Comments

Submit a Comment

Your email address will not be published. Required fields are marked *

Recent Posts

IIM Raipur’s New MBA Batch Begins Its Leadership Journey

IIM Raipur’s New MBA Batch Begins Its Leadership Journey

Raipur, (Press Release)Indian Institute of Management (IIM) Raipur, a leading institution recognized for #BuildingBusinessOwners, hosted the Inauguration and Orientation Program for the MBA Batch 2025–27, marking the beginning of a transformative academic journey...

Hyderabad: A Thriving Hub of Opportunities, Business, and Innovation

Hyderabad: A Thriving Hub of Opportunities, Business, and Innovation

Maeeshat News Network | Hyderabad Hyderabad, the capital city of Telangana, India, has emerged as a dynamic powerhouse of opportunities, business, and innovation over the past few decades. Known historically for its rich cultural heritage, architectural marvels like...

Kolu Tola: Kolkata’s Vibrant Hub of Opportunity and Growth

Kolu Tola: Kolkata’s Vibrant Hub of Opportunity and Growth

Maeeshat News Network | Kolkata Kolkata, the cultural capital of India, is a city of diverse neighborhoods, each with its unique character and economic significance. Among these, Kolu Tola (also known as Colootola or Kolutola), a historic Muslim-majority area in...

0 Comments

Submit a Comment

Your email address will not be published. Required fields are marked *