A salesman at a textile bazaar on Sunday in Karachi. Pakistan. Photo: Leonard Fujiyama.
LAHORE, Pakistan The Pakistani textile industry is on the verge of a national shutdown to protest the countrys energy and interest rate policies.
The All Pakistan Textile Mills Association has called an extraordinary general meeting of all its regional offices countrywide on Friday to gain consensus for, as advertised in a local newspaper, the immediate and orderly closure of the countrys textile sector.
The reasons for the shutdown are given as the nonavailability of electricity and gas and high energy prices despite the steep decline in global oil and natural gas prices. — Leonard Fujiyama, Glamwire International
