Browsing: Economic Coordination Committee

The Pakistan Cotton Ginners Association (PCGA) has opposed the recommendation of the Economic Coordination Committee (ECC) to withdraw 4 per cent customs duty and 5 per cent sales tax on the import of cotton from India and other countries, especially when the country had already suffered a loss of Rs 500 billion due to reduced cotton production.

The Economic Coordination Committee (ECC) of the Cabinet Islamabad in Pakistan after detailed discussions and deliberations considered and approved the proposed ´Textiles Policy 2014-19′ subject to deletion of section 12.3 of the policy related to textile development fund out of export development fund. Federal Minister for Finance Senator Mohammad Ishaq Dar chaired the meeting of the Committee here at the Prime Minister’s Office.