Home / Knowledge / News / Textiles / Pakistan govt to prioritize resolving textile sector woes
Pakistan govt to prioritize resolving textile sector woes
06
Nov '13
The Pakistani Commerce and Textile Ministry is making all the efforts to bring the textile sector of the country back on track by redressing the problems faced by the sector on a priority basis, said secretary of Textile Industry Division of the Ministry Rukhsana Shah during her recent visit to the Pakistan Textile Exporters Association (PTEA).
 
Addressing the country’s textile manufacturers and exporters, the secretary of Textile Industry Division said that all stakeholders would be taken on board for true exploitation of expected market access following the Generalized Preference System Plus (GSP+) status due to be attained from the European Union (EU) in the coming days.
 
Ms. Shah said the Government of Pakistan is fully aware of the problems faced by the textile sector and is working towards addressing these issues and finding proper alternatives.
 
The secretary said the anticipated GSP+ status would provide an impetus to the value-added textile exports to EU, generating significant economic activity in the country and helping Pakistan to build up its capacity to become more effective and competitive in international markets.
 
PTEA chairman Sheikh Ilyas Mahmood elucidated the secretary regarding the main problems creating a hindrance for the sector especially the fact that many domestic textile exporters are caught up in the drawback of local taxes, sales tax, customs rebate, and federal excise duty refund.
 
If the amounts are released, several exporters can deploy the capital towards expanding their businesses, which in turn would help Pakistan’s export earnings to grow, he added.
 
Ms. Shah assured that the country’s Textile Industry Division will make all efforts for immediate payment of pending refund claims of textile exporters and that all stakeholders will be taken on board while making policies directly or indirectly influencing the textile industry, especially its value addition sector.
 

Fibre2fashion News Desk - India


Must ReadView All

Apparel/Garments | On 21st Sep 2017

UK fashion exports £10.7 bn in 2016; highest till now

Exports of British fashion goods rose to £10.7 billion in 2016, the...

Apparel/Garments | On 21st Sep 2017

BFC announces partnership with Chinese firm JD.com

The British Fashion Council (BFC) has forged a new partnership...

Textiles | On 21st Sep 2017

Indonesia’s textile exports may reach $15 billion by 2019

Indonesia’s textile-related exports are projected to reach $15...

Interviews View All

Luke Otten
Wigwam Mills Inc

Wigwam aims to recycle discarded yarn that doesn’t make it through the...

Poojaa Kumar Deepak
Zeven

Zeven's performance sports apparel is designed for the Indian body type,...

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Ashok Desai
Bombay Textile Research Association

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

Marcel Alberts
Eurofibers

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

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Pranav Mishra
Huemn

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


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

September 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
74.5%
No
12.8%
Skip
12.8%

Total Votes: 47

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.7%
No
25.5%
Skip
12.8%

Total Votes: 47

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.2%
No
6.4%
Skip
6.4%

Total Votes: 47

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
70.2%
No
10.6%
Skip
19.1%

Total Votes: 47


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