FCCI demands special package based on already formulated PTI Textile Policy

FAISALABAD, Aug 01 (APP)::Government in-waiting should start homework right now to announce special package based on already formulated PTI (Pakistan Tahreek-e-Insaf) Textile Policy so that it could be implemented immediately.
Addressing a meeting of the textilers before his departure abroad, Mr. Shabbir Hussain Chawla President Faisalabad Chamber of Commerce & Industry (FCCI) said that textile was the main component of national economy.
He lamented that due to the lukewarm attitude of previous governments, the textile exporters failed to maintain their presence in international markets and our export decreased gradually from 26 billion dollar to 18 billion dollar.
He said that this decline plunged the national economy in deep crisis and despite of pressing demands of the textile sector, the declining trends continued to prevail as governments took only cosmetic steps to the satisfy the business community.
He said that on the other hand our regional competitors including Bangladesh captured our markets and now its textile export have jump to 30 billion dollar while Pakistani exports are dwindling far behind.
He further pointed out that import export gap had also further widened posing a serious threat to the economic viability of Pakistan.
He appreciated the resolve of PTI to restore the textile sector on sound footings and said that renowned businessman Zafar Iqbal Sarwar had formulated the PTI textile policy which was dually presented and appreciated by its Chairman Imran Khan.
He said that now as the PTI had made a clean sweep in general election and was ready to form the new government; it should divert its entire focus on the revival of textile sector which is the only available option to restore the national economy within shortest
possible time.
He said that in order to implement this policy PTI should nominate Zafar Iqbal Sarwar as ‘Textile Advisor’ so that he could ensure necessary measures to revive the textile sector which was passing through a protracted crisis.
He also demanded that Pakistan government should have to provide the same incentive to our textile exporters as are being enjoyed by the exporters of other regional countries.
He further said that nomination of Zafar Iqbal as advisor will not only pave way for the expeditious implementation of PTI textile policy but also give due representation to the textile sector of the Faisalabad in the federal cabinet.