Home / Knowledge / News / Textiles / APTMA wants duty-free access to US for finished products
APTMA wants duty-free access to US for finished products
Jun '13
The All Pakistan Textile Mills Association (APTMA) has sought duty-free access to the US market for finished items.
If the duty-free facility is provided, Pakistan can increase its exports by US$ 10 billion through conversion of yarn and fabric into finished products, APTMA representatives said at Pakistan-US Investment Conference held in Dubai.
In a video presentation made at the conference, APTMA compared Pakistan’s exports with other competitors that have duty free market access to the US.
Pakistan exports yarn as well as grey and dyed fabric to those countries which have duty free access, as Pakistan’s finished goods attract 23 percent duty.
APTMA said once free market access is available to Pakistan, the country’s textile industry would speed up investment in Greenfield projects for utilizing domestically produced fibres, and ensure a win-win situation for everyone—cotton growers, employees and manufacturers.
Pakistan’s textile industry has deep forward and backward linkages that engage farmers, small-scale cottage industries and large-scale industries.
APTMA representatives said it is an opportune time for the country’s policymakers to provide uninterrupted electricity and gas supply so that the mills can optimally utilize their installed capacities and make new investment plans.
Addressing the two-day conference, Pakistan’s Finance Minister Ishaq Dar said the new PML-N Government has adopted an economic policy that assigns leading role to private sector in economic development.
The Minister said the Government is very keen to promote investment and it will facilitate investors by providing a stable policy framework and also by helping individual investors in quickly completing all regulatory formalities for setting up their businesses.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 29th Apr 2017

Slight drop in Unifi 2017 Q3 sales

The net sales of Unifi Inc., one of the world's leading innovators in ...

Apparel/Garments | On 29th Apr 2017

US retail operating growth to be 1.5-2.5% in 2017: Moody's

The forecast for operating income growth in the US over the next 12...

Textiles | On 28th Apr 2017

India lifts CVD imposed on Nepali Jute goods

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

Interviews View All

Asim Dalal
Indo Count Retail Ventures

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

Jim Desai
Blaiva Fabricaa

Fashion industry likely to remain labour-intensive in coming years

Manfred Mentges
Sedo Treepoint GmbH

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

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Urs Stalder
Sanitized AG

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

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Judy Frater
Somaiya Kala Vidya

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

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

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:
April 2017

April 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