Latest Export-Oriented Industry News & Updates

Pakistan Increases Cotton Imports Amid Falling Domestic Production

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New Delhi, July 23 (IANS) Pakistan has ordered around 2,06,000 bales of cotton from the United States and is stepping up purchases from Brazil as domestic output falls, a new report has said, highlighting a growing dependence on imports ahead of the local harvest.The report from Bangladesh-based Daily Sun said Pakistan’s cotton and textile industry has moved “from decline to dependence”.The import dependency increased after a sharp decline in production, with recent estimates placing output at…