Home / Knowledge / News / Apparel/Garments / WTO's GSP facility: Pakistan govt urged to appease Bangladesh
WTO's GSP facility: Pakistan govt urged to appease Bangladesh
Nov '11
Pakistan Government has been urged to appease the Government of Bangladesh for withdrawing its opposition to the grant of Generalised System of Preference (GSP) facility to Pakistan under the World Trade Organization (WTO) rules for 75 of its export items, including garments and textiles.

Earlier, Bangladesh made an appeal to the WTO to not to grant GSP facility to Pakistan as doing so would affect its textile and garment exports to the European Union. In its appeal, Bangladesh said if the proposed GSP facility was granted to Pakistan, it would negatively impact countries like it. A final decision on the matter will be taken at the next council meeting of the WTO scheduled to take place during the third week of this month.

Being a least developed country (LDC), Bangladesh already enjoys the GSP facility for its exports to EU countries.

The members of Karachi Chamber of Commerce and Industry (KCCI) have urged the Government to take strong steps for earning free custom duty exports from Pakistan to EU countries. They suggested that Pakistan should send its Foreign and Commerce Ministers to Bangladesh to negotiate with that country's officials on the terms that could facilitate Pakistan's entry in the duty-free custom area in EU countries.

Of the 75 products for which Pakistan is seeking GSP facility to EU countries, there are eight items in which Bangladesh is a strong player. These include readymade garments (RMG), home textiles, knitwear, jeans, footwear and leather goods.

According to KCCI, duty exemption of 75 items is likely to result in a projected increase of around US$150 million worth of Pakistani exports to the EU.

At present, EU imports 3.4 billion euros worth of goods from Pakistan annually. These include the import of the 75 items in the list worth 920 million euros.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 24th Jan 2017

Textile industry demands relaxation of laws from Budget

The upcoming Union Budget 2017-18 should focus on relaxing certain...

President Donald Trump; Courtesy: White House

Textiles | On 24th Jan 2017

US sets ball rolling for withdrawal from TPP

President Donald Trump has set the ball rolling for withdrawal of the ...

Textiles | On 24th Jan 2017

Indian cotton consumption estimated at 290 lakh bales: CAI

The domestic consumption of cotton during the crop season 2016-17...

Interviews View All

Janak Dhamanwala & Sunil Dhamanwala

Moving towards sustainability is also a social change

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Robert Brunner

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

January 2017

January 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Subscribe today and get the latest News update in your mail box.
Advanced Search