Home / Knowledge / News / Textiles / WTO decision to boost cotton consumption of Pak mills
WTO decision to boost cotton consumption of Pak mills
Feb '12
The consumption of cotton by textile mills in Pakistan would increase following the decision of the World Trade Organization (WTO) to allow duty-free exports of 75 Pakistani items to EU for a two-year period, the Pakistan Cotton Ginners Association (PCGA) has said.

Mr. Amanullah Qureshi, Chairman of PCGA, said the cotton consumption by domestic textile mills in Pakistan is likely to surge to 13 million bales of 170 kg each, compared to the current consumption of around 11 million bales per season.

The approval of EU package for Pakistan by WTO's Council for Trade in Goods (CTG) would boost export orders for yarn and fabrics, which would, in turn, raise the cotton consumption of spinners and textile mills across Pakistan, he said.

This factor, along with the current trend of rising international prices, would result in an increase in the prices of cotton in the domestic market to PK Rs. 6,500-7,000 per maund (1 maund = 40 kg), he added.

The PCGA Chairman said cotton growers and ginners would now get fair returns on their produce.

The EU nations are the largest trade partners of Pakistan as they account for over 30 percent of the country's total exports, Mr. Qureshi said.

Textiles constitute more than 70 percent of Pakistan's total exports to EU countries and raw cotton as well as value-added textile products will stand to gain the most due to the latest WTO decision, he added.

Currently, Pakistan exports goods worth €3.5 billion per annum to EU. Of this, the 75 items that are in the EU list alone account for about €921 million each year.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 24th Oct 2016

Baba Ramdev’s Patanjali to enter textile manufacturing

Patanjali Ayurved, an enterprise initiated by yoga guru Baba Ramdev,...

Textiles | On 24th Oct 2016

German technology to help in energy saving in textiles

German technology can play a major role making the environment...

Courtesy: Trupik

Apparel/Garments | On 24th Oct 2016

Virtual 3D fitting rooms revolutionising online shopping

Virtual fitting rooms meant to bridge the gap between e-commerce...

Interviews View All

Abhishek Ganguly
Puma India

‘As a brand, Puma is always looking for new and innovative ways to inspire ...

Sanjay Yagnik
Maa Tex Speciality

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

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

Giorgio Mantovani
Corman S.p.A

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

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Robert Brunner

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

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


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

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


Browse Our Archives


Advanced Search