Islamabad: Floods have broken the back of Pakistan, which is struggling badly with financial constraints. Inflation is also skyrocketing in the neighbouring country. These days, Pakistan is also struggling with a cotton shortage, in such a situation, Pakistan's textile sector has demanded the removal of the ban on the import of cotton from India.
On this, Pakistan's Finance Minister Miftah Ismail has said that the government has not yet taken any decision on the demand to lift the ban on the import of cotton from India. While addressing a press conference with Pakistan's Defense Minister Khawaja Asif, Ismail talked about the cotton crop destroyed due to the horrific floods in Pakistan. He has told that about 3.3 crore people have been affected by the floods. One-third of the country is submerged in water, causing a loss of more than $10 billion to the country.
Responding to a question regarding trade with India, Finance Minister Ismail has said that the All Pakistan Textile Mills Association (APTMA) has demanded from the federal government to allow the import of cotton from India, but the government has yet to No decision has been taken on this matter.
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