News dalla rete ITA

17 Maggio 2023

Pakistan

EFFORTS URGED TO BOOST EXPORTS OF LEATHER GOODS

ISLAMABAD-Pakistan’s leather industry is largely export-oriented, but it has been facing challenges such as rising raw material costs, shortage of gas, and lack of government support.This was stated by Muhammad Iqbal, Secretary General of Pakistan Leather Garments Manufacturers and Exporters Association.Talking to WealthPK about the challenges faced by the leather garment industry and the steps to address them, he said despite having significant growth potential, the industry had struggled due to a lack of government support and the burden of high customs duties and tariffs on imported raw materials.He added that the shortage of gas had only added to these challenges, resulting in the closure of tanning units and job losses for thousands of workers.To address these issues, Iqbal suggested the government formulate specific policies for the leather sector, as was done for the textile industry, to boost exports.According to him, reducing customs duties and tariffs on raw materials, as well as providing concessions to industrialists on the consumption of electricity and gas were necessary. (ICE DUBAI)


Fonte notizia: https://www.nation.com.pk/29-Apr-2023/efforts-urged-to-boost-exports-of-leather-goods