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

Textiles | On 28th Mar 2017

India may impose duty on elastomeric filament yarn

The Government of India is likely to impose anti-dumping duty on...

Courtesy: Lee Cooper

Apparel/Garments | On 28th Mar 2017

CCI clears FLFL proposal to divest Lee Cooper

The Competition Commission (CCI) of India has approved the proposal...

Textiles | On 28th Mar 2017

Bardoli CEFC to benefit south Gujarat MSMEs

India’s first common engineering facility centre (CEFC) at Bardoli,...

Interviews View All

Hannah Lane
Redress

Encouragement from brands will motivate supply chains to become more...

Anshul Sood
Oceedee

‘Indian footwear market is nascent and largely a trend follower’

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Marcel Alberts
Eurofibers

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

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Karan Arora
Karan Arora

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

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Sonam & Paras Modi
SVA

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

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
March 2017

March 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search