COTTONING ON THE PAKISTAN`S WELSHING
Japan's decision to impose anti-dumping duties of upto 9.9 per cent on cotton yarn imports from Pakistan has enraged Pakistan's cotton-exporting lobby. The decision followed an investigation that revealed that Pakistani cotton was being sold in Japan at between 2.1 per cent and 9.9 per cent below the prices back home. The Pakistanis, who export around US $400 million worth of yarn to Japan annually, feel that the only option is to lodge a complaint with the Geneva-based World Trade Organization.