No Result
View All Result
Thursday, June 26, 2025
MM News
اردو
  • Home
  • Latest News
  • National
  • Showbiz
    Netflix

    Netflix gears up for July 2025 with exciting new films and series

    Rabeeca Khan and Hussain Tareen

    Rabeeca Khan and Hussain Tareen tie the knot in nikkah ceremony

    Cillian Murphy in Steve (Netflix)

    Steve: Everything to know about Cillian Murphy’s upcoming Netflix movie

    Hania Aamir

    Hania Aamir’s earnings will leave you speechless, Indian media claims

    Panchayat Season 4

    Panchayat Season 4: Stream it or skip it?

    (File Photo)

    Bushra Ansari weighs in on actress Ayesha Khan’s tragic death

  • Thought Box
  • Business
  • Opinions
  • Technology
  • The Other Side
MM News
  • Home
  • Latest News
  • National
  • Showbiz
    Netflix

    Netflix gears up for July 2025 with exciting new films and series

    Rabeeca Khan and Hussain Tareen

    Rabeeca Khan and Hussain Tareen tie the knot in nikkah ceremony

    Cillian Murphy in Steve (Netflix)

    Steve: Everything to know about Cillian Murphy’s upcoming Netflix movie

    Hania Aamir

    Hania Aamir’s earnings will leave you speechless, Indian media claims

    Panchayat Season 4

    Panchayat Season 4: Stream it or skip it?

    (File Photo)

    Bushra Ansari weighs in on actress Ayesha Khan’s tragic death

  • Thought Box
  • Business
  • Opinions
  • Technology
  • The Other Side
No Result
View All Result
No Result
View All Result
MM News
اردو
  • Latest
  • Showbiz
  • Thought Box
  • Business & Stock
  • Opinions
  • Technology
  • The Other Side-Pakistan
Home Business & Stock

Exporters face slew of difficulties due to cotton, yarn shortages 

MM News Staff by MM News Staff
September 7, 2021
Hanif Lakhani and Farhan Ashrafi have said that Prime Minister Imran Khan should allow import of duty free cotton yarn from Turkey, India and Uzbekistan by land.

Hanif Lakhani and Farhan Ashrafi have said that Prime Minister Imran Khan should allow import of duty free cotton yarn from Turkey, India and Uzbekistan by land.

Pakistan Yarn Merchants Association(PYMA), has appealed to Prime Minister Imran Khan to take steps to reduce the cost of production of the value-added textile industry, in view of the shortage of cotton, cotton yarn, and the skyrocketing prices and allow duty-free import of cotton and cotton yarn from Turkey, India, and Uzbekistan by land.

In an appeal to Prime Minister, Hanif Lakhany, Vice President, Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and Senior Vice Chairman Pakistan Yarn Merchants Association (PYMA), Farhan Ashrafi, Vice Chairman PYMA and convener FPCCI’s Central Standing Committee on Yarn Trading, said that the value-added sector in the country is facing immense difficulties due to shortage and price of cotton and cotton yarn reaching record levels, as the cotton yarn is not available to these export industries even at high prices as per the production demand.

“If this situation continues, not only will it be difficult to fulfill export orders, but Pakistani exporters will also lose the ability to compete in global markets. Which could have a negative impact on the country’s exports, so the government should seriously consider PYMA’s proposal in the best interest of the country’s economy”, they feared.

PYMA office-bearers added that the exporters in the value-added sector are reluctant to accept new orders due to difficulties in procuring basic raw materials. Due to which these orders can be transferred to other countries.

Hanif Lakhany, Farhan Ashrafi appealed to Prime Minister Imran Khan to assist exporters in fulfilling old export orders in time and taking new orders, while also issue directives to allow duty-free import of cotton, cotton yarn from Turkey, India, and Uzbekistan by land. This will not only reduce the import period of raw materials but will also help in reducing the cost of freight charges.

Tags: mm news
ShareTweetSendShare
Previous Post

Did you know Mashal Khan was not the first choice for ‘Lubna’ in Parizaad?

Next Post

IBA Karachi reopens for students, aims to ensure academic normalcy

Related Stories

(File Photo)
Business & Stock

PSX drops 715 points amid selling pressure

June 26, 2025
(Representational Image)
Business & Stock

Govt to temporarily suspend bank accounts of tax evaders from July 1

June 26, 2025
(File)
Business & Stock

Gold price gains Rs1,335 per tola

June 26, 2025
Section 37AA
Business & Stock

Karachi: Traders declare Section 37AA controversial, launch protest campaign

June 26, 2025
Gold prices
Business & Stock

Latest gold prices in Pakistan – June 26, 2025

June 26, 2025
Foreign Currency Rates
Business & Stock

Foreign currency exchange rates in Pakistan, 26 June 2025

June 26, 2025
File photo
Business & Stock

Sindh Assembly passes budget 2025-26

June 25, 2025
Business & Stock

Pakistan, US to conclude trade and reciprocal tariff talks next week

June 25, 2025
Image: APP
Business & Stock

PSX stays bullish, gains over 500 points

June 25, 2025
(File)
Business & Stock

Gold price sees marginal increase in Pakistan

June 25, 2025
Next Post
Dr. Ilyas stated that education should be the topmost priority (IBA)

IBA Karachi reopens for students, aims to ensure academic normalcy

Trending Stories

File photo
World

Ayatollah Ali Khamenei declares victory over US in Israel-Iran conflict

by MM News Staff
June 26, 2025
(File Photo)
Business & Stock

PSX drops 715 points amid selling pressure

by MM News Staff
June 26, 2025
(Representational Image)
Health

Substandard cancer drugs supplied to over 100 countries including Pakistan

by MM News Staff
June 26, 2025
The car stuck in a street beside the drain, while the inset shows the driver, who is still missing. (Image: Express News)
Crime

Body of female teacher recovered from online cab in Rawalpindi

by MM News Staff
June 26, 2025
PPP Chairman Bilawal Bhutto-Zardari. — (Credit: DawnNewsTV)
Top News

Govt agrees to exempt income tax on annual salary up to Rs1.2 million: Bilawal

by MM News Staff
June 26, 2025

Opinion

munir ahmed oped
Ceasefire or a Smokescreen? The US-Iran Next Dialogue of Disillusions
June 26, 2025
- Munir Ahmed
dr shahbaz
Israel-Iran War and Supply Chain of World Economy
June 25, 2025
- Dr. Muhammad Shahbaz
munir ahmed oped
Unleashed Modern-day Holocaust and the Global Collapse
June 23, 2025
- Munir Ahmed
No posts found
See all

Weather Updates

Maryam Nawaz
National

Maryam Nawaz makes surprise visit to rain-hit areas of Lahore

by MM News Staff
June 26, 2025

Chief Minister of Punjab Maryam Nawaz Sharif conducted a surprise visit to various areas...

Rains

Heavy rains and thunderstorms forecast for Karachi from Friday to Sunday

June 26, 2025
Rain in Islamabad

Widespread rainfall brings relief from heat across Punjab, KP, Islamabad

June 26, 2025
File photo

Karachi records 57 minor earthquakes since June 1

June 25, 2025
See all

Prices

(File)
Business & Stock

Gold price gains Rs1,335 per tola

by MM News Staff
June 26, 2025

Gold prices in Pakistan increased on Thursday, mirroring the upward trend in the international...

Gold prices

Latest gold prices in Pakistan – June 26, 2025

June 26, 2025
Foreign Currency Rates

Foreign currency exchange rates in Pakistan, 26 June 2025

June 26, 2025
(File)

Gold price sees marginal increase in Pakistan

June 25, 2025
See all

Transport News

Transport

Pillion riding banned in Sindh for Muharram 9, 10

by MM News Staff
June 25, 2025

The Sindh government has announced a ban on pillion riding across the province on...

Representational image

Monsoon rains: PAA issues advisory to pilots over birds

June 25, 2025
(File Photo)

Karachi, Lahore and Islamabad airports to get e-gates

June 25, 2025
Pakistan Deputy Prime Minister Ishaq Dar (center left) and the United Arab Emirates Foreign Minister Sheikh Abdullah bin Zayed in Abu Dhabi (center right) observe the signing of the agreement after the 12th session of the Pakistan-UAE Joint Ministerial Commission (JMC), in Abu Dhabi, UAE, on June 24, 2025. (Pakistan's Foreign Office)

THESE Pakistani passport holders are exempt from UAE visa under new agreement

June 25, 2025
See all

MM Digital (Pvt.) Ltd.

MM News is a subsidiary of the MM Group of Companies. It was established in 2019 with the aim of providing people of Pakistan access to unbiased information. Contact Details: 03200201537

Quick Links

  • Home
  • Advertise
  • MM News Urdu
  • The Other Side-Pakistan
  • Contact Us
  • Privacy Policy

Top Pages

  • Latest News
  • Showbiz
  • OP-ED
  • Technology
No Result
View All Result
  • Latest News
  • Showbiz
  • Thought Box
  • Business
  • Opinions
  • Technology

© Copyright 2024 MMNews - All Rights Reserved.