Pakistan Waives Duties for Certain Cotton Imports
Pakistan will waive duties on cotton yarn imports until June 30 to help the country’s cotton industry, which has been damaged by the COVID-19 pandemic, the Hong Kong Trade Development Council said May 6. The move is aimed at ensuring…
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a “smooth supply” of cotton to the industry to reduce the gap between local production and demand, HKTDC said. The duty elimination comes as Pakistan continues to ban cotton imports from India over a border dispute.