Home / Knowledge / News / Apparel/Garments / Pakistan garment makers bank on EU GSP plus status
Pakistan garment makers bank on EU GSP plus status
08
Apr '13
Mr. Sajid Saleem Minhas
Mr. Sajid Saleem Minhas
The garment manufacturers of Pakistan are pinning hope on the approval of the European Union’s Generalized System of Preference Plus (GSP Plus) status to their country by the EU Commission at Brussels.

According to the industry representatives, if the EU commission qualifies the country for GSP plus, bulk of ‘Made in Pakistan’ apparels will have duty-free access to the European Union and it is expected that rate of export growth in EU member states would increase significantly.

Speaking to fibre2fashion, chairman of Pakistan Readymade Garments Manufacturers & Exporters Association (PRGMEA), Mr. Sajid Saleem Minhas said, “Pakistan has submitted a formal application to the European Commission to qualify for the duty-free exports status under the new generalized system of preferences (GSP) plus scheme.”

“The European Commission technical teams will scrutinize Pakistan's application which will then be submitted to the European Parliament for approval. The whole exercise will take eight to ten months before EU's final decision,” he informs.

EU’s Special Incentive Arrangement for sustainable development and good governance, popularly known as GSP Plus, provides duty-free access to a few developing countries that fulfill its stringent criteria.

Pakistan garment industry provides highest value addition in the country’s textile sector.

When asked about the challenges faced by the Pakistan clothing sector, Mr. Minhas says, “Pakistan is the world’s fourth largest producer and the third largest consumer of cotton but lags behind many countries which do not produce their own cotton, in terms of apparel exports. There are several reasons for this, including the energy crisis.”

Pakistan apparel sector is a labor intensive industry and offers entry-level jobs for unskilled labor. Job creation, especially in the clothing sector, has been particularly strong for women, who previously had limited income opportunities outside the household or the informal sector.

Fibre2fashion News Desk - India


Must ReadView All

Pic courtesy: Sutlej Textiles & Industries Ltd

Textiles | On 21st Jul 2017

Sutlej Textiles’ Q1 FY18 EBITDA expands to Rs 76.28 cr

Sutlej Textiles and Industries Ltd (STIL), one of India’s largest...

Textiles | On 21st Jul 2017

No shortage of cotton & yarn in country: Minister

There is no shortage of cotton and yarn in the country, and the...

Textiles | On 21st Jul 2017

CAI revises 2016-17 cotton crop to 337.25 lakh bales

Cotton Association of India (CAI) has upwardly revised cotton crop...

Interviews View All

Viral Desai
Zenitex Mill Pvt Ltd

Full of green energy

Varinder Singh Jawanda
Trendy Bharat

Sizing and fitting issues are inherent problems for companies expanding...

Rajiv Sirohi
Shara

‘Portugal is taking away a major share of the mill made sector.’

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Nisha Chanda
Whistling Woods International School of Fashion

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

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

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

July 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

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

Yes No

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

Yes No

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


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



X