Home / Knowledge / News / Textiles / Turkish CG to raise Pakistan's concern over denim fabric duty
Turkish CG to raise Pakistan's concern over denim fabric duty
15
Jul '11
Fateni Etem, the Consul General of Turkey, has promised the business community of Pakistan that he would brief his Government regarding concerns of Pakistani exporters over levy of additional 18 percent customs duty on denim fabric imports from Pakistan.

Interacting with members of the Karachi Chamber of Commerce and Industry (KCCI) before returning home on the completion of his term, Mr. Etem stated that over the past three years the mutual trade between the two countries has soared from US$ 600 million to $1 billion.

Expecting the positive trend to continue, he said that the mutual trade between both the countries is likely to surpass two billion US dollar mark in near future.

Mohammad Saeed Shafiq, President of KCCI raised the issue of Turkey's move of subjecting denim fabric imports from Pakistan to an additional 18 percent customs duty, taking the total duty imposition to 24.5 percent. The new levy would become effective from July 24, 2011 onwards.

He said that this move would badly hit the Pakistani exporters, while the country is already under anguish due to reasons like war against terror and rising problem of unemployment.

Mr. Shafiq asked the Turkish Consul General to appraise his Government regarding the concerns of the Pakistani exporters over the levy of additional duty and urge it to find an early solution to the same.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 28th Apr 2017

Fix 5% GST rate for textile goods: Textile bodies

Uniform levy of 5 per cent Goods and Services Tax (GST) on all...

Textiles | On 28th Apr 2017

India lifts CVD imposed on Nepali Jute goods

The countervailing duty (CVD) that was imposed on Nepali jute...

Courtesy: Williamsburg Garment Company

Fashion | On 28th Apr 2017

'We have grown by staying small & maximising efforts'

The easiest way to go out of business is to be too big or expand too...

Interviews View All

Viral Desai
Zenitex Mill Pvt Ltd

Full of green energy

Ghanshyam Ghoghari
Kimora Fashion

Bridalwear is not about reds and whites anymore

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

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

news category


Related Categories:
April 2017

April 2017

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

SUBSCRIBE


Browse Our Archives

GO


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



X