Sajid Mahmood, Head of the Transfer of Technology Department, Central Cotton Research Institute Multan told China Economic Net that the Pakistan-China yarn business underscores a pivotal opportunity for Pakistan to diversify its exports beyond predominantly Siro Yarns into other high-quality variants like cotton, carded, and combed yarns, with enhanced competitiveness in the Chinese market. Despite benefiting from a Free Trade Agreement with China, Pakistan faces stiff competition from India, especially in non-Siro yarns, despite a 3.5% higher duty for India. Additionally, Vietnam poses a challenge with similar duty-free privileges, although its reliance on imported cotton exposes vulnerability, he said.
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