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HomeBusiness and FinanceExporters pine for Indian cotton amid govt quest for seed

Exporters pine for Indian cotton amid govt quest for seed

ISLAMABAD: With the devastating monsoon rain hitting cotton areas, the Pakistan Textile Exporters Association has approached the federal government to allow the import of cotton from India via Wagah to meet the rising export orders.

Exporters say early estimates show that 25 per cent of the standing cotton crop had been damaged and there was a possibility of a raw material shortage in the country.

Separately, in the wake of flood losses suffered by cotton harvest in Sindh and Punjab, the federal government on Wednesday formed a committee that will negotiate with seed companies and facilitate them to introduce state-of-the-art cotton seeds in the local market.

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The decision was taken during a meeting at the Ministry of National Food Security and Research to consult with stakeholders and review proposals for the enhancement of yield and area of cotton crops.

ViaDawn
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