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Due to heavy flooding, Pakistan’s economy is on the verge of witnessing some adverse business outcomes.Fashion industry leaders and financial experts have predicted that the country should prepare for a 30% drop in textile-clothing exports for the year. Initially, The All Pakistan Textile Mills Association expected textile exports to be $21 billion. The agricultural sector has been hit badly by floods, and there will be a shortage of cotton supply to international fashion retailers.

Full story: FashionNetwork 

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