BR100 Decreased By (-0.91%)
BR30 Decreased By (-1.47%)
KSE100 Decreased By (-0.78%)
KSE30 Decreased By (-0.75%)
AGHA 6.67 Decreased By ▼ -0.01 (-0.15%)
BECO 4.35 Decreased By ▼ -0.02 (-0.46%)
BML 56.17 Decreased By ▼ -1.15 (-2.01%)
BOP 30.12 Decreased By ▼ -0.23 (-0.76%)
CNERGY 12.98 Decreased By ▼ -0.14 (-1.07%)
CSIL 5.31 Decreased By ▼ -0.10 (-1.85%)
FCCL 51.65 Decreased By ▼ -1.14 (-2.16%)
FFL 14.49 Decreased By ▼ -0.23 (-1.56%)
FNEL 1.21 Increased By ▲ 0.09 (8.04%)
KEL 6.06 Decreased By ▼ -0.03 (-0.49%)
KOSM 5.84 Increased By ▲ 0.11 (1.92%)
LOTCHEM 26.17 Decreased By ▼ -0.29 (-1.1%)
MLCF 91.23 Decreased By ▼ -1.93 (-2.07%)
NBP 164.19 Decreased By ▼ -0.47 (-0.29%)
NCPL 53.18 Decreased By ▼ -2.48 (-4.46%)
NPL 59.12 Decreased By ▼ -2.04 (-3.34%)
OGDC 313.39 Decreased By ▼ -3.34 (-1.05%)
PACE 9.77 Decreased By ▼ -0.10 (-1.01%)
PAEL 35.24 Decreased By ▼ -0.39 (-1.09%)
PIBTL 14.71 Increased By ▲ 0.03 (0.2%)
PPL 221.36 Decreased By ▼ -5.55 (-2.45%)
PRL 91.22 Decreased By ▼ -1.80 (-1.94%)
PTC 59.19 Decreased By ▼ -1.07 (-1.78%)
SSGC 23.30 Decreased By ▼ -0.51 (-2.14%)
TBL 8.75 No Change ▼ 0.00 (0%)
TELE 7.61 Decreased By ▼ -0.19 (-2.44%)
TPL 22.03 Decreased By ▼ -0.32 (-1.43%)
TPLP 12.56 Decreased By ▼ -0.41 (-3.16%)
TREET 21.73 Decreased By ▼ -0.43 (-1.94%)
TRG 55.79 Decreased By ▼ -0.77 (-1.36%)
By

LAHORE: Pakistan Carpet Manufacturers and Exporters Association (PCMEA) Senior Vice Chairman Usman Ashraf said on Sunday that LCs (Letters of Credit) of raw materials and other products for export manufacturing, should be opened on a priority basis and their containers should also be cleared.

He expressed these views while briefing a meeting of the association on his return home after participating in an international exhibition held in Germany. Senior central leader Abdul Latif Malik, Chairman of Carpet Training Institute Pervaiz Hanif, senior member Riaz Ahmed, Saeed Khan, Major Akhtar Nazir (Retd), Shahid Hasan, Ejazur Rehman, Muhammad Akbar Malik and others participated in the meeting.

He said, there would be further reduction in the volume of exports if appropriate measures were not taken at the earliest. He said that participation in the ‘Domotax’ exhibition held in Germany was very successful and it was hoped that it would have a positive impact on the hand-woven carpet industry of Pakistan.

Usman Ashraf also informed the participants of the meeting about the appreciation received by Pakistani products in the “Domotax” exhibition and the meetings with the foreign delegates.

He said that with the further support of government, such international exhibitions could be proved more fruitful, adding that PCMEA would forward suggestions to the government in this regard.

The meeting expressed concern over the non-opening of LCs and said that the shortage of imported chemicals used in the manufacture of carpets was affecting foreign orders.

Usman Ashraf appealed to the government that the LCs of perishable raw materials and other products for export manufacturing should be opened on a priority basis and authorities concerned should be directed to clear the containers as soon as possible.

Comments

Comments are closed for this article.