Walt Disney bans import from Pakistan over failure to improve governance standards

Walt Disney has reportedly removed Pakistan from its list of 'Permitted Sourcing Countries' from April 1, sources have revealed.

Following Pakistan's failure to convince Walt Disney of its intentions to improve poor governance standards, the US licensor has banned any import from the country.

According to the Dawn, Azhar Majeed Sheikh, the chairman of Arzoo Textile Mills said that there is no ambiguity in the position taken by Disney and no shipment is permissible to any certified agent or vendor dealing in the brand of Walt Disney merchandise after April 31.

He said that anyone found violating the ban will be liable to heavy penalties besides being blacklisted.

While the US company's decision has stripped Pakistan of 200-million dollar exports of textile products, the firm issued stiffer warning to Bangladesh when it decided to put Pakistan on its watch list because of repeated incidents of factory fires in textile garment units, the report added.