PCMEA concerns over ban on third-party shipments

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Pakistan Carpet Manufacturers and Exporters Association (PCMEA) has urged the State Bank of Pakistan to review its decision to ban third-party shipments as it would hit the country’s exports.

The association also expressed concerns regarding difficulties in the import of semi-finished raw materials through Torkham Border, citing it was affecting the contracts with foreign buyers. Furthermore, the recently held world expo in Pakistan had a very positive impact on the handloom carpet industry but unfortunately due to problems and obstacles, these good impacts were fading away.

PCMEA Senior Vice Chairman Usman Ashraf expressed these concerns in a meeting of the association here Sunday. Carpet Training Institute Chairman Pervez Hanif, Senior Central Leader Abdul Latif Malik, Senior Member Riaz Ahmed, Major (retd) Akhtar Nazir, Saeed Khan, Shahid Hasan, Ijazur Rehman, Malik Akbar and others were also present. The meeting discussed in detail the problems faced by the handmade carpets industry and it was decided to contact the relevant authorities for early resolution of the issues.—APP

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