Pakistan permits import of Indian cotton thru' land route
Pti, Islamabad
In a bid to cut down costs for its dominant textile industry and make it more competitive, Pakistan has permitted the import of Indian cotton through the Wagah border.Pakistan's Economic Coordination Committee (ECC) has decided to permit the cotton imports from India through the Wagah border and from its western borders to get the same from Uzbekistan. The decision to import cotton would be implemented in phases under which long staple cotton would be imported from India in the first phase. However, the decision to import short staple cotton would be taken after carrying out the study that will determine if the farmers' community in Pakistan will be affected or not, media reports here said.
|