Walt Disney shifts to India, China

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FAISALABAD: Walt Disney has diverted its business to India and China after dumping Pakistan, costing the country $200 million in export earnings.

The US company dropped Pakistan from the list of its sourcing destinations for its textile brand products from 1st April. Azhar Majeed, a business leader, told Dawn that warning notices were issued simultaneously to Pakistan, Bangladesh and Myanmar for non-compliance of 27 UN/ILO conventions.

Both other countries managed to retain commercial relationship with Disney but Pakistan government failed to do so.

"We have reasons to believe that competing interest in the region, India in particular, is lobbying to instigate other Western companies to blacklist Pakistan," he said.

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