News

State of emergency makes exporters nervous

05/11/2007

The arrest of hundreds of opposition supporters and General Pervez Musharraf’s decision to impose a state of emergency in Pakistan on November 3 has caused serious concern amongst the country’s exporters, including those in the leather sector, who believe that the situation will send out the wrong signals to foreign buyers.

Fawad Ijaz Khan, chairman Pakistan Leather Garments Manufacturers and Exporters Association (PLGMEA) said that exports of leathergoods were finally showing signs of improving after having suffered a severe downturn in 2005/06, but that this positive trend would be jeopardised if foreign buyers were not free to enter the country in order to place purchase orders.

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