On releasing the company’s 2005 annual financial report, Jorge Carbajal, chairman of Bata Pakistan, said, The influx of low-priced Chinese footwear has continued, but does not appear to be escalating at the same pace due to rising costs in China as a result of high prices for oil-based raw materials and increasing labour costs. The zero rating for sales tax of leather and textile footwear after the June budget in Pakistan has had a positive effect in these categories of footwear, and it is hoped that government will continue this policy so as to assist the domestic manufacturing industry.”

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