US firms back 80/20 EPZ rule
1 Articles
1 Articles
US firms back 80/20 EPZ rule
The International Monetary Fund's (IMF) condition to halt the sale of 20% of production by factories running in the Export Processing Zones (EPZs) in the local market may adversely impact the global textile circular economy and deprive western charitable entities of a sustained source of revenue. A representation by a US-based business association to the IMF's Washington-based mission chief to Pakistan reveals how one Pakistan-specific condition…
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