13 Days
Source:
الاقتصادية
India waives cotton import duties for five months
The Indian government announced the suspension of tariffs on cotton imports for five months, aimed at supporting textile exporters and improving cotton availability in the domestic market. This decision comes amidst strong demand for spinning and reports of a sufficient local crop at reasonable prices, with limited imports expected due to the depreciation of the rupee and rising import costs. The measure is expected to boost the Indian textile sector, especially small and medium-sized enterprises, with the possibility of importing cotton from major sources such as Australia, Brazil, and the United States.
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