Political uncertainty affects leather industry
It appears that the current state of emergency in Pakistan and an uncertain political future is also affecting leather exports in the country. According to figures released by the Federal Bureau of Statistics the sector’s exports slipped 6.49% month-on-month in October to $77.276 million, down from $82.638 million in September. However, on a more positive note, the figures were still an improvement compared with last year, up 14.01% from the $67.777 million reported in October 2006.