Pakistan’s leather firms must grow for share of gove - leatherbiz: Lea Leatherbiz

News

Pakistan’s leather firms must grow for share of government package

11/01/2017
The government of Pakistan has pledged to make $1.7 billion available to manufacturing companies over the next five years but has said firms must grow their exports if they want a share.

Leather-sector manufacturers will have the right to claim 7% in duty drawback to help them increase their exports, but the government has said the only manufacturers who gain access to this assistance will be those who achieve at least 10% growth in export revenues next financial year.

In Pakistan, the financial year runs from July to June.



Leatherbiz.com cannot be held responsible for content if the language setting is changed from English.

The translations provided by Google Translate are automated and therefore might not be accurate and may contain incorrect, offensive or misleading language. We offer this facility as a guide only.