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Business

NKATI seeks ban on imported children's garments

KARACHI: North Karachi Association of Trade & Industry (NKATI) president Nasim Akhtar has urged Prime Minister...
12 Sep 2020

KARACHI: North Karachi Association of Trade & Industry (NKATI) president Nasim Akhtar has urged Prime Minister Imran Khan to ban the import of children's garments to save Pakistan's garment industry from catastrophe, so that the local garment industry can be encouraged and the industries in the country can be further developed.

He also demanded to reduce taxes and duties to save Pakistan's garment industry from disaster. Nasim Akhtar said all over Pakistan, especially in Karachi, high quality children's clothing is manufactured. But due to low duty on imported children's garments, the local garment industry is facing severe financial losses and has reached on the brink of collapse, raising fears of millions of workers losing their jobs.

Due to very low duty on import of baby baba garments, it has become very difficult for the local garment industry to survive in the price race as the taxes on local garments industry are double, which doubles the prices, and they cannot compete in the market with imported children's clothing.

Copyright Business Recorder, 2020