PCMEA demands government to end condition for increasing export in specific time

Pakistan Carpet Manufacturer and Exporters Association (PCMEA) on Friday demanded the government to end condition for increasing export in specific time instead of it policy of cooperation should be adopted for betterment of the industry.

In a special meeting, Senior Vice Chairman PCMEA, Riaz Ahmed said that the carpet sector cannot increase its production by 10 percent in six months for achieving rebate of 06 percent; therefore, the government should negotiate to resolve the problem.

Latif Malik, Saeed Khan, Major (r) Akhtar Nazir, Khawaja Shakar were also present during the meeting.

He said cottage industry could not prepare carpet even in six months, how can it fulfill the announcement of the government. 

It may be noted that the government announced new initiative to control dwindling exports of the country. The new initiative committed to provide exporters of five sectors unconditional cash support in the first six months of its announcement, to June 2017. But they will be required to grow their export proceeds by 10pc to become eligible for the rebate during the next fiscal year (July 2017/June 2018).

He asked the government to call all parties stakeholders conference to address the plights of the industry.

Riaz Ahmed informed the participants of the meeting about the preparations of the 35th International Carpet Exhibition, scheduled to be held in Lahore from 5-7 October this year

He further said a positive response and cooperation from national institutions is very important to make the exhibition a success.