May 7, 2021

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Federal cabinet Rejects proposal for Import of cotton from India

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The federal cabinet has rejected such a proposal to import cotton from India. A meeting of the federal cabinet was held under the chairmanship of Prime Minister Imran Khan, which also discussed the issue of importing cotton from India. He had proposed to import cotton from India.

The proposal was rejected by the cabinet, which was rejected by the cabinet. Yesterday, there was no economic connection. It allowed imports of Chinese cotton and yarn.

The Ministry of Commerce had sent summaries after the Prime Minister to the Chinese Trading Corporation of India. According to a report proposed by Pakistan’s top importers, the ICC has allowed 500,000 metric tonnes of sugar to be exported from India.

Government sources say that Pakistan has to import cotton from India to meet the demand. Imports of cotton and yarn will come down. European pressure will increase due to the historic decline in cotton production. It is believed that Pakistan had suspended lucrative trade with India in August 2019.

It should also be noted that 2020 cotton crop production Last year was the worst year in the history of the country in terms of cotton There was a significant decline in the production of this crop after which the government also took notice of it. However, no significant steps could be taken in this regard.

However, the neighboring country is now weighing the importance of re-establishing relations with India and importing cotton. It is believed that at this time, Indian exporters could not participate in TCP’s talent. There was a ban on taking

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