The legislation introduced by Sen. Sam Brownback, R-Kan., to avert an economic disaster to Pakistan’s economy by providing President Bush with the authority to reduce or suspend existing duties on textile and apparel imports from Pakistan.
Although production and shipment of goods has continued uninterrupted since the U.S. bombing began in Afghanistan began, many American buyers have all but stopped doing business with Pakistan and failed to place new orders for the upcoming spring and summer 2002 season.
The dramatic decline in orders from the United States has already resulted in the layoff of thousands of workers, and factory closings are anticipated in December and January. Many buyers, including those representing major U.S. apparel brands, are still taking a “wait and see” attitude regarding future orders with Pakistani manufacturers.
The United States is Pakistan’s single largest customer, importing $2.2 billion worth of Pakistani goods last year, with clothing and textiles accounting for 86 percent. Pakistan’s textile industry employs 60 percent of the country’s industrial work force.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now