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Energy costs cripple Pakistan textile export competitiveness
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Energy costs cripple Pakistan textile export competitiveness
FAISALABAD, MAY 23 /DNA/ – The increasing cost of production, heavy taxation, expensive energy prices, and severe liquidity crunch have badly affected the competitiveness of Pakistan’s textile exports in the international market. If immediate and effective measures are not taken, there is a serious risk of further decline in exports, industrial activities, and employment opportunities. These views were expressed by Ahmad Afzal Awan, S. Vice Chai…
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