- Home cotton manufacturing has declined over a previous couple of years, forcing Pakistan to import from the US, Brazil, and Uzbekistan
- Prime minister’s adviser on commerce says no determination reached but as native exporters request permitting Indian imports for 4-6 months
As Pakistan’s textile sector faces a scarcity of cotton yarn, native exporters have requested the federal government to permit them to import the commodity from India for at the least 4 to 6 months, business insiders stated, with a high authorities official saying no determination on the matter had been taken as but.
Commerce and diplomatic relations between the longtime nuclear-armed rivals deteriorated after India unilaterally revoked the particular constitutional standing of the disputed Jammu and Kashmir area in August 2019, with Pakistan downgrading diplomatic ties and suspending every kind of commerce with its Japanese neighbor.
Final week, India and Pakistan agreed to watch a cease-fire settlement alongside the Line of Management — the de facto border between the Indian- and Pakistani-administered elements of Kashmir — after their senior navy commanders communicated with one another on a navy hotline. Pakistan presently solely imports lifesaving medication from India.