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Cotton crisis

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wednesday

PAKISTAN’S declining cotton economy is rapidly turning into a case study in policy contradiction. Amid endless official rhetoric of an agricultural revival for export-led growth, the country is witnessing a surge in cotton imports even before the start of the new harvest. It is not simply the result of temporary domestic supply shortages; it is also the failure of cotton policy over many years. The import order of 206,000 bales from the US — nearly the entire quantity of US cotton sold during the week —........

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