whole Pakistan The textile factories Association (APTMA) calls for rationalization of the duty of polyester staple fibers and the reduction of yarn prices.

A spokesman for the Pakistan textile factory Association said on Wednesday: "we have asked the government to save the textile industry from serious crises, rationalize the tariffs on polyester staple fibers and reduce yarn prices, so that our value-added sectors will be more competitive in the international market."

The Pakistan Textile Mills Association declared that the import and export of cotton is duty-free But many trade restrictions have been imposed on polyester staple fibers. As a result, synthetic fiber accounts for only 18% of total raw materials in Pakistan, compared with 60% in the world.

The current tariff structure is seriously abnormal, and polyester staple fiber blended yarn is zero import duty, but Polyester staple fiber As a raw material, it needs to pay 4.5% of the punitive import tax. Pakistan is extremely short of polyester staple fiber. Dewan Salmant fiber company closed down due to the overall financial problems of the group, resulting in a shortage of 38% of the available polyester staple fiber. As a result, the price gap between local polyester staple fiber and international polyester staple fiber has expanded rapidly, resulting in the loss of 30% competitiveness of Pakistan's products.