Pakistan Clothing Exports Now Falling

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16 December 2008 - Pakistan textile and clothing exports started slowing down in October, according to latest available data. Woven clothing exports were down 19% as a clear sign the low-cost country is confronted with rising difficulties, like energy shortages, high inflation rate, an appreciating currency and larger borrowing costs. The textile and clothing capacities are being slashed in the country with a large number of plants being now shut down, our Pakistan correspondent reports.

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