Home / Knowledge / News / Textiles / EU may grant GSP Plus to Pakistan in 2013: Danish envoy
EU may grant GSP Plus to Pakistan in 2013: Danish envoy
17
Sep '13
The European Parliament is most likely to grant Generalised System of Preferences (GSP) Plus status to Pakistan in its forthcoming meeting scheduled for December 2013, Danish Ambassador to Pakistan Jesper Moller Sorensen said during a meeting with Farooq Iftikhar, president of the Lahore Chamber of Commerce and Industry (LCCI).
 
The Ambassador said Pakistan’s exports to the EU would get a considerable boost as soon as the country gets GSP Plus status from the EU, according to a LCCI press release.
 
Mr. Sorensen appreciated the business opportunities in Pakistan and said that it is a lucrative market with enormous potential. He added that low labor costs, rising middle class and a huge chunk of the population consisting of youth, makes it an attractive destination for investment.
 
“Denmark aims to increase trade ties with Pakistan. To better assist Danish companies on the Pakistani market, the Embassy of Denmark in Islamabad will open a commercial section later this year,” the Ambassador said.
 
Mr. Iftikhar said Pakistan produces the finest quality of textile products, readymade garments, bed linen, and other products and stressed on the need for exchange of business delegations between the two countries to give boost to two way trade volume.
 
Around 40 percent of US$ 95 million worth of exports made by Pakistan to Denmark in 2012 was related to the textile industry, according to the Danish Embassy in Pakistan.
 

Fibre2fashion News Desk - India


Must ReadView All

Courtesy: Stone Island

Apparel/Garments | On 25th Jun 2018

Stone Island has mastered ingredient branding: Braind

Italian high-end men's apparel brand Stone Island tops the list of...

Courtesy: Tecnorama

Textiles | On 25th Jun 2018

'Tecnorama automatic dyeing system offers efficiency'

Italy based Tecnorama’s fully-automatic machinery for dispensing...

Courtesy: Lenzing

Textiles | On 25th Jun 2018

Lenzing launches Veocel nonwoven speciality brand

Leading fibre company, the Lenzing Group has unveiled Veocel, the new ...

Interviews View All

Sonia Agarwal
Whitenife

‘The terms eco-friendly and organic are common but everyone perceives them ...

Darshan Mehta
Infinium Polychem

We are spending double digit figures on R&D

Dharmendra Shah
Ozone PB Spintex Limited

‘We have made huge investments to ensure quality yarn production.’

Nitesh Mittal

Kusumgar Corporates is a leading manufacturer of technical textiles and...

Hardik Sanghvi

Idealin Fogging Systems has been engaged in designing and manufacturing...

Sandip Bhojani, Manthan Patel

Krypthm Tradelink LLP is a Surat-based manufacturer of westernwear....

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Lynda Kelly
Suominen Corporation

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

Larry L Kinn
Suominen Corporation

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

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Igor Chapurin
Chapurin

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

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


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