Home / Knowledge / News / Textiles / ATP may boost Pakistan's textile exports to EU
ATP may boost Pakistan's textile exports to EU
19
Nov '12
Wider access earned to the 27-nation European Union (EU) bloc under the Autonomous Trade Preference (ATP) Scheme can help Pakistani textile exporters boost their exports to that market. 
 
Briefing media, Faisalabad Chamber of Commerce and Industry (FCCI) President Zahid Aslam said Pakistan’s textile exports to the EU are expected to rise 31 percent as the EU has issued notice for implementation of the scheme.
 
Last fiscal, Pakistan exported US$ 1.709 billion worth of textiles to the EU, its largest trading partner, which is expected to rise by US$ 537 million to US$ 2.246 billion, this year, he added.
 
Under the scheme, the EU has allowed duty-free import of 75 Pakistani items, most of them textile and apparel items, till December 31, 2013. While 26 of these items fall under tariff regulated quotas, rest of them are covered under the non-tariff regulated quotas, which became effective from November 15.
 
The FCCI President said exporters would benefit dually from these concessions, as on one hand while they would be able to enhance their exports due to quota system, on the other hand the country would become eligible for further concessions in 2014 upon reviewing of the quota regime.
 
However, he noted that mainly attributable to inadequate power and gas supply, Pakistan’s overall imports and exports have declined over the past few months. The country’s exports dipped by 2.3 percent year-on-year during first quarter of the current fiscal that started on July 1, while its imports plummeted by 6 percent year-on-year. 
 

Fibre2fashion News Desk - India


Must ReadView All

Courtesy: Fancycrave.com from Pexels

Apparel/Garments | On 22nd Jun 2018

EU's retaliatory duty on US apparel takes effect

As part of the three-pronged response outlined by the European...

NCC applauds House passage of farm legislation

Textiles | On 22nd Jun 2018

NCC applauds House passage of farm legislation

The National Cotton Council (NCC) of the US has welcomed the passage...

Courtesy: Roman Pohorecki from Pexels

Apparel/Garments | On 22nd Jun 2018

UK launches inquiry on sustainability of fashion industry

The Environmental Audit Committee of the UK Parliament has launched...

Interviews View All

Karel Williams
Dow Microbial Control

'Silvadur is most rapidly adopted in areas where hygiene-conscious and...

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Carolin Russ

Weko, Weitmann & Konrad GmbH & Co KG, based in south Germany, is...

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Ashok Desai
Bombay Textile Research Association

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

Marten Alkhagen
Swerea IVF AB

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

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

Igor Chapurin
Chapurin

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

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

Leave your Comments


June 2018

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

news category


Related Categories:

Advanced Search