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APTMA seeks strict vigilance over cotton trade from India

APTMA Punjab, Chairman has asked the Indian ministry of commerce and ministry of textile industry and Cotton Export Corporation India to implement strict measures on the Wagha border to strengthen trade. Confidence-Building Measures (CBM) in the interest of trade relations of Pakistan and India, as the organization has found an abnormal weight variation of cotton bales being imported from India through the border.

The Chairman of APTMA Punjab, S M Tanveer has pointed out that Pakistani importers of Indian cotton have witnessed almost 20 kg reduction per bale imported from India. And they have lodged complaints with the association about the unfair trade practices on the Indian side. In normal trade practice, a weight variation of one to five kg per bale is acceptable due to the drying up of moisture content.

Around the time, when both the countries wish to improve their trade relations and since India is a major exporter of cotton to Pakistan, the industry has asked the Indian authorities to immediately look into and curb the unfair trade practices going on the side of India border.

www.aptma.org.pk

 
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