PRGMEA chairman Mubassar Naseer Butt has urged the adviser to Prime Minister on Commerce, Textile, Industries and Production and Investments Abdul Razak Dawood to rationalise duty structures and minimise taxes and duties on import of raw materials in the RMG sector. The ministry should also discourage export of raw material and encourage export of value-added items. He reiterated the request of value-added textile exporters to the State Bank of Pakistan to facilitate exporters' authorised dealer to make import advance payments against irrevocable Letters of Credit (L/C) up to 100 percent of the value of the goods and up to $10,000 per invoice for the import of all eligible items without the requirement of L/C or Bank Guarantee from the supplier abroad.

Expressing concern over extreme cash flow crunch, Mubassar Butt asked the government to announce a clear policy to finally clear all the pending refund claims within stipulated time. Government should also clear old duty drawback claims of exporter for the period 2009-2012 as these claims are pending since long. The PRGMEA chairman requested the bank to support the exporters in a way that first they ensure 50 per cent banking compliances in 2019 and a further 25 per cent may ensure in the next year and so on. Butt also extended an assurance on behalf the value-added textile industry by supporting the government in achieving its target of economic growth and overcoming the unprecedented trade deficit.