By  on January 13, 2009

LAHORE, Pakistan — At an extraordinary general meeting of the All Pakistan Textile Mills Association last week, the majority of the mills gave association chairman Tariq Mehmood the mandate to settle the issues of energy shortages and the world’s highest bank interest rates with the government.

But if an agreement with the government cannot be reached, the chairman would then call for the voluntary closure of the textile sector until the government resolved the industry’s issues, according to the association.

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