Textile makers warn of steep decline in exports from Oct to Dec

• Pakistan Textile Exporters Associ­ation cites weak Western demand, higher freight, rising production costs • Exporters seek 6-8pc Duty Drawback of Local Taxes and Levies support, clearance of outstanding refunds • Industry says announced 4.5pc Export Finance Scheme rate yet to be implemented ISLAMABAD: Textile exporters have warned the government of a steep decline in goods exports during the second quarter (October-December) of the current fiscal year, citing weakening demand in Wes­tern markets, rising freight charges and escalating production costs. In a statement issued on Sunday,…