Efforts afoot to boost value-added sector
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Efforts afoot to boost value-added sector
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ISLAMABAD: National Assembly's Standing Committee for Textiles has convened a high-level meeting to address the value-added sector’s long-standing issues, Geo News reported Friday.
A meeting in this regard was held in Islamabad under the chair of Haji Mohammad Akram Ansari, which was attended by the sector leaders.
They told the standing committee that sales-tax/custom duty rebates, rising cost of doing business, and deteriorating law & order situation are making it harder for the sector to maintain competitiveness and profitability.
Sector leaders warned that if these issues persisted they would very soon be out of business.
ISLAMABAD: National Assembly's Standing Committee for Textiles has convened a high-level meeting to address the value-added sector’s long-standing issues, Geo News reported Friday.
A meeting in this regard was held in Islamabad under the chair of Haji Mohammad Akram Ansari, which was attended by the sector leaders.
They told the standing committee that sales-tax/custom duty rebates, rising cost of doing business, and deteriorating law & order situation are making it harder for the sector to maintain competitiveness and profitability.
Sector leaders warned that if these issues persisted they would very soon be out of business.
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