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Carpet exporters ask govt to stabilise dollar rate to boost economy

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Pakistan Carpet Manufacturers and Exporters Association (PCMEA) Senior Vice Chairman Usman Ashraf said that exporters are suffering from severe mental pressure due to the fluctuations of the dollar and despite the lucid slashing in dollar rate; the prices of imported raw materials did not decrease.

He said keeping this in view; they are promoting links with all institutions to solve problems. He expressed these views while talking to the Chief Executive Officer/Chairman of Soneri Bank, Muhtashim Ahmed Ashai, who visited the Carpet Association along with his delegation.

Chairman of Carpet Training Institute EjazurRehman, senior central leader Abdul Latif Malik, ShahidHasan Sheikh, senior member Riaz Ahmed, Saeed Khan, Major (Rtd) AkhtarNazir, Faisal Saeed Khan and others were also present on this occasion.

Senior Vice Chairman Usman Ashraf welcomed the visit of Soneri Bank Chief Executive Officer/Chairman Muhtashim Ahmed Ashai and informed him about the difficulties faced by the exporters in banking matters.

He said that sometimes new rules are implemented without giving timely information to the exporters and due to which many problems arise.

“A system should be devised for timely notification of the application of new laws so that exporters and importers can prepare in advance,” he added.

He said that two seminars were organized earlier in collaboration with the Association and Soneri Bank for awareness of laws and solving problems and it is hoped that this series of seminars will continue in the future.

Muhtashim Ahmed Ashai said that carpet manufacturers and exporters have a key role in bringing valuable foreign exchange to the country which is appreciated.—NNI

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