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Pakistan scraps duty on fiber

The National Tariff Commission (NTC) of Pakistan has decided not to impose anti-dumping duty on import of Polyester Staple Fiber (PSF) from China. The All Pakistan Textile Mills Association (APTMA) had been lobbying for it for a long time. The APTMA feels not imposing duty will have a positive impact on textile imports and will provide a long-term advantage to the textile industry, as polyester use is bound to increase. PSF is an important industrial material. However, the provisional anti-dumping duty continued for four months.

After value-addition on imported fibers, textile products are exported. Pakistan needs to import PSF in view of the acute domestic production shortfall of PSF. APTMA says imposition of anti-dumping duty operates against international competitiveness of Pakistan textile products predominantly meant for export. 

Imposition of anti-dumping duty on industrial raw material besides making imports costlier have the effect of raising domestic raw material prices to a level where they become unviable for the textile industry. However, the domestic PSF industry was vociferous in pleading for imposition of anti-dumping duty as it gives the industry an amount of protection by which it raises domestic prices.

All Pakistan Textile Mills Association is the premier national trade association of textile spinning, weaving, and composite mills representing the organized sector in Pakistan. It represents 396 textile mills, out of which 315 are spinning, 44 weaving and 37 composite units.

aptma.org.pk/

 
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