Pakistan allows cotton imports via Torkham

PESHAWAR (Pajhwok): Pakistan has allowed import of cotton from Afghanistan and Central Asian Republics through the Torkham crossing.

The decision came at a meeting of the Economic Coordination Committee (ECC) of the cabinet chaired by Finance Minister Dr Abdul Hafeez Shaikh.

The ECC approved a summary from the Ministry of Commerce seeking permission for the import of cotton from Afghanistan and Central Asian States through land route via Torkham.

The decision is aimed to bridge the gap between supply and demand and to ensure sufficient availability of cotton for promoting Pakistan’s textile exports.

According to the summary, the ECC had granted such permission earlier to work out necessary arrangements for the import of cotton via land route.

The Commerce Ministry urged the cabinet committee to extend the permission for importing cotton via land route during the current financial year.

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