Home / Knowledge / News / Textiles / Govt requests Japan to slash duty on textile items
Govt requests Japan to slash duty on textile items
27
Sep '11
The Government of Pakistan has requested Japan to slash duty on its textile items. Currently, Japan levies a 13-15 percent tariff on textile products imported from Pakistan and a reduction in these rates would increase the volume of goods exported from Pakistan to Japan.

In recent months, Pakistani textile products have become less competitive compared to goods from the neighbouring Bangladesh and India, particularly when exports to Japan are concerned.

Bangladesh being a Least Developed Country (LDC) enjoys a duty-free access to the Japanese market. Textile goods from India also attract zero-duty after the bilateral India-Japan Free Trade Agreement (FTA) was signed in February this year.

Textiles account for a major share of foreign exchange for Pakistan, and hence it has asked Japan “to reduce or slash duty on its textile goods to enable it to compete with those countries which enjoy either duty-free access or low or no tariffs,” Mr. Shahzad Ali Khan, Vice Chairman of All Pakistan Textile Mills Association (APTMA) told Fibre2fashion.

Taking Bangladesh as an example, Mr. Khan said, “Bangladesh is able to export US$ 18-19 billion worth of goods even though cotton is not grown in the country. This is because the EU and other countries have given a duty-free access into their market.”

“Such duty-free access is currently denied to Pakistan and therefore, we are trying to get the tariffs slashed or removed for our textile goods into the Japanese, American and European markets,” he explained.

Mr. Khan revealed that “Pakistan is currently pursuing for an FTA with the US as it is one of the largest importers of textiles in the world, followed by the European Union.”

About Japan, he said, “it is a very big economy and Pakistan has made an appeal to it to slash or remove the tariffs on textile products. We are hopeful of positive response from Japan as it has always stood by Pakistan, even during the earthquake and floods, both last year and this year.”

On the role of APTMA, Mr. Khan said, “the Association is indirectly involved through the Government of Pakistan. It is providing necessary information and feedback to the Government on the issue.”

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

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Amrit Sethia
SOIE

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Urs Stalder
Sanitized AG

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

Lynda Kelly
Suominen Corporation

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

Marten Alkhagen
Swerea IVF AB

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

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Judy Frater
Somaiya Kala Vidya

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

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

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
January 2017

January 2017

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

SUBSCRIBE


Browse Our Archives

GO


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