New Delhi, Jan 4 (IANS) Pakistan’s textile sector, which forms the backbone of the country’s exports and industrial employment, is on the brink of collapse with workers being laid off and factories being shut.The Pakistan Textile Council has, in a letter to Prime Minister Shehbaz Sharif, urged the government to declare an “Export Emergency” to arrest the rapid erosion in competitiveness that now threatens exports, jobs, and macroeconomic stability, according to a report in Pakistan’s B…
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New Delhi, Jan 2 (IANS) The US government’s recent announcement of a $1.25 billion financial package for extracting copper and gold from the Reko Diq mining project in Pakistan’s restive Balochistan province was seen by state officials as a sign of international confidence in investing in the country. However, for the Baloch population, it feels like yet another moment when the world chooses minerals over human lives, according to an article in EU Today.The announcement was preceded by visit…