Home / Knowledge / News / Apparel/Garments / Delay in EU package worries Pakistan garment exporters
Delay in EU package worries Pakistan garment exporters
28
May '12
Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) has expressed concern over delay in the implementation of the eagerly awaited EU Trade Concessions Package.

The EU announced the package for Pakistan to grant relief to it and help it offset the losses suffered due to devastating floods in 2010. Under the package 75 Pakistani items, including 65 textile and garment items, qualify for concessional duty access to the EU.

However, during a recent meeting of the EU Parliament, the economic package announced by the EU for Pakistan got politicized, following which the chances of its implementation have decreased, PRGMEA Central Chairman, Shehzad Salim, said

When EU last year announced the two-year package, extendable to third year, India raised an objection against the same at the WTO. Subsequently, Bangladesh and a few other countries too objected the package.

India withdrew its objections after Pakistan granted it the Most Favoured Nation (MFN) status in November last year. After appeasing Bangladesh and other countries objecting to the proposal to take back their objections, WTO approved the EU concession package early this year.

Currently, the package awaits approval form the EU Parliament, before it comes into effect. However, with Spain, Portugal and Germany raising objections to the concession package citing economic downturn in Europe, the package is currently being redrafted.

Mr. Salim said if the redrafted package fails or is not implemented, it is likely to negatively impact Pakistan's bid for GSP Plus status that is scheduled to commence from January 1, 2014.

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 23rd Aug 2017

US govt initiates Section 301 investigation of China

The US government has initiated an investigation of China under...

Apparel/Garments | On 23rd Aug 2017

BRC welcomes clarity on goods flow during Brexit

British Retail Consortium (BRC) has welcomed the greater clarity that ...

Textiles | On 23rd Aug 2017

Pakistan minister seeks ideas to boost textile sector

The Pakistani Government will come out with short- and long-term...

Interviews View All

Krishnanand Tripathi
Textrade International Ltd

We believe in vocational education for entry-level employees, offering...

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Saket Garg
Garg Corporation

The biggest challenge is lack of skilled workforce and competition from...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Anisha Chaudhari
Threads & Shirts

Threads & Shirts is a freshly-tailored concept providing men/women a...

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

August 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
67.7%
No
16.1%
Skip
16.1%

Total Votes: 31

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
45.2%
No
35.5%
Skip
19.4%

Total Votes: 31

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
83.9%
No
6.5%
Skip
9.7%

Total Votes: 31

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
61.3%
No
9.7%
Skip
29.0%

Total Votes: 31


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search