The cotton market is faltering as duty-free imports crush the domestic industry – Trendy Blogger

The cotton market is faltering as duty-free imports crush the domestic industry

 – Trendy Blogger

Islamabad: Pakistan’s cotton industry is teetering on the brink of a widespread crisis, with policymakers under fire for negligence and ineffective strategies that have severely impacted the country’s agricultural backbone and textile sector. The unrestricted flow of duty-free cotton and yarn imports has created a challenging environment for farmers, ginners and the entire textile value … Read more

More than 1,500 exporters benefit from FBR’s duty-free import system – Trendy Blogger

More than 1,500 exporters benefit from FBR’s duty-free import system

 – Trendy Blogger

The Federal Board of Revenue (FBR) has announced that more than 1,500 exporters are availing duty and tax-free import benefits under the Export Facilitation Scheme (EFS). This scheme, which simplifies procedures through single administrative documents, focuses on supporting exporters, especially SMEs. According to the FBR, manufacturers and exporters using the EFS are now required to … Read more