The All Pakistan Textile Mills Association (APTMA) has raised concerns about Pakistan's textile export competitiveness, urging the government to secure preferential market access to the United States. According to 'Profit by Pakistan Today' and 'Business Recorder', APTMA's letter to the Federal Minister for Commerce highlights that regional competitors like India and Bangladesh have secured more favorable trade terms with the US, such as India's 18% tariff compared to Pakistan's 19%, and Bangladesh's zero-tariff access for garments made with American cotton. APTMA warns that these developments pose 'a serious and immediate threat' to Pakistan's textile exports, which are already under pressure due to high energy costs and taxes. The association suggests negotiating a deal similar to Bangladesh's, which could 'support Pakistan’s exports, strengthen bilateral trade, and increase U.S. cotton sales.'
ECONOMY
APTMA Urges Pakistan Government for US Market Access Negotiations

APTMA urges Pakistan to secure US market access to boost textile exports amid regional competition. Meanwhile, Saudi interest in corporate farming aims to enhance Pakistan's agricultural exports.
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