PAKISTAN TEXTILE SECTOR CONCERNED OVER TWO YEAR DELAY IN UNVEILING NATIONAL TEXTILE POLICY

A protracted delay in announcement of a long-awaited government Pakistan Textile Policy 2020-25, despite drafts being debated for more than a year, is causing unrest and disappointment within the country’s textile business community. They say investors are being deterred from sinking much needed money into the country’s textile industry in the absence of any clear sectoral government policy. Drafts of the policy have set targets of increasing the country’s exports of textile and clothing products to USD25.3 billion by 2025 and USD50 billion by 2030. ...


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