Ministers pledge support as US tariffs threaten exports

With the threat of steep new US tariffs looming over Pakistan’s textile sector, two federal ministers have pledged to raise exporters’ concerns at the highest level, seeking urgent revisions to the export finance scheme and tax policies to help Pakistani businesses remain competitive in the international market. Planning Minister Ahsan Iqbal and Defence Minister Khawaja Asif made the commitments at a high-level exporters’ convention hosted by the Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA). The event brought together representatives from various bodies, including PHMA, PSGMEA, PGMEA, SIMAP, PLGMEA and the Sialkot Chamber of Commerce and Industry (SCCI).