Home / Knowledge / News / Textiles / WTO approves duty-free export of Pak textiles to EU
WTO approves duty-free export of Pak textiles to EU
Feb '12
The World Trade Organization's (WTO's) Council for Trade in Goods has approved a package that would allow duty-free export of 75 Pakistani items to the EU markets until the end of 2013.

The two-year tariff waiver will enter into force once it gets formal approval from the WTO General Council and subsequent completion of EU's internal procedures.

The EU package is aimed at supporting the south Asian country cope with economic losses suffered due to heavy floods in 2010.

It is expected to substantially boost Pakistan's textile exports, which constitute over 70 percent of around €3 billion (US$ 3.9 billion) worth of total Pakistani exports to EU nations.

Pakistan is the largest trading partner of EU and it accounts for nearly 30 percent of all EU imports.

The 75 items that are included in the waiver would approximately account for €900 million in terms of imports, that is, about 27 percent of all Pakistan's exports to EU countries.

The WTO has approved such exclusive trade terms for one of its members at the behest of EU, owing to exceptional circumstances faced by Pakistan in the aftermath of the devastating floods of 2010.

The WTO approval has materialized after nearly 18 months of discussions and it is expected to boost Pakistan's total exports by 15-20 percent.

Prior to WTO approval, several countries including India, Bangladesh, Indonesia, Brazil and Argentina had objected to the EU duty-free proposal for Pakistan.

The fears of these countries were allayed by applying tariff rate quotas instead of full waiver on 20 Pakistani products.

Click here to view the complete list of Pakistani products that qualify for exemption of customs duty upon importation into EU.

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 25th Jun 2017

Half of 7,000 new apparel online each day target women

Adobe has released its first Digital Price Index for apparels,...

Textiles | On 25th Jun 2017

First Insight, Chico's FAS enter partnership

First Insight, a technology company transforming how retailers make...

Apparel/Garments | On 25th Jun 2017

Expand changing use of social and web resources

With over 400 million impressions to date and web traffic of over two ...

Interviews View All

Rashi Menda

Every fifth sale we make on Zapyle is a repeat purchase

Sachin Sharma
Gem Enviro Management Pvt Ltd

There are no significant differences between virgin yarn and PET recycled...

Asim Dalal
Indo Count Retail Ventures

Today, there is no other emerging market as India, "we make in India and...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Mohammad Hassan
Biax Fiberfilm

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

Paolo Ocleppo
Sandvik Hyperion

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

Rupa Sood and Sharan Apparao

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Pranav Mishra

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

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


news category

Related Categories:
June 2017

June 2017

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


Browse Our Archives


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