Textile exports can earn additional billions: Mian Zahid Hussain.

ISLAMABAD -- President Pakistan Businessmen and Intellectuals Forum (PBIF), President All Karachi Industrial Alliance (AKIA), Senior Vice Chairman of the Businessmen Panel of FPCCI and former provincial minister, Mian Zahid Hussain on Wednesday said textile exports can fetch extra billions of dollars for the country. The importance of textile sector has increased manifold in the current global economic scenario which must be realised, he said. Speaking at a meeting of FPCCI Standing Committee for Textile, Dying and Processing, on video link in which business leaders from Karachi, Lahore and other cities participated, Mian Zahid Hussain

said that the issues confronting textile sector should be resolved so that it can play an effective role in national development. The veteran business leader said that increased taxes, costly energy, the demand for bank guarantees by gas utilities and delayed refunds has increased cost of doing business which should be reduced. Chairman of the committee, Irfan Sayeed said that the textile processing industry is...

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