Traders demand textile policy

To ramp up economic growth through robust businesses, trade, and exports, exporters, industrialists, and the Karachi Chamber of Commerce and Industry (KCCI) have urged the government to develop a pro-business Strategic Textile Policy Framework (STPF) and a textile and apparel policy for quick implementation, prioritising the export sector's promotion. They stressed that the policy must include sustainable, actionable, and pragmatic measures, as many initiatives outlined in the previous 2020-2025 policies were not implemented. KCCI President Muhammad Jawed Bilwani and Pakistan Hosiery Manufacturers Association (PHMA) Central Chairman Muhammad Babar Khan highlighted the urgency of refining these critical policies, which are set to expire this year. During a meeting at the KCCI on Tuesday, they called for eliminating ambiguities that have left numerous issues unresolved over the past five years.