Pakistan leather industry fights utilities price rise
Pakistan’s leather and footwear industries have urged the government to
revoke an increase in electricity rates which they claim is harming production and export orders, following The Water and Power Development Authority’s decision to raise the electricity tariff by 10%, effective February 24.
Chairman of the Pakistan Tanners’ Association S Naseem stated that the country’s leather exports had already decreased between July and December 2006 and expressed concerns that this price increase would exacerbate the situation, raising production costs further and negatively affecting the international competitiveness of the leather and leather goods industry.
