Home / Knowledge / News / Textiles / MoC's lack of efforts for GSP+ upsets Pak textile sector
MoC's lack of efforts for GSP+ upsets Pak textile sector
10
Dec '13
Textile exporters of Pakistan are not satisfied with the efforts deployed by the Ministry of Commerce (MoC) in preparation of the expected Generalized System of Preferences Plus (GSP+) status from the European Union in January 2014, Daily Times reported.
 
The Ministry has to ensure completion of some formalities to help the textile and leather industries of the country to earn duty-free entry for around 75 items in the EU markets.
 
The MoC and the textile industry of Pakistan has to coordinate with the Finance Ministry and complete all the regarding paperwork to ensure that all tariff lines of Pakistan are in harmonization with those of EU
 
However, according to the textile exporters, the MoC has not made satisfactory efforts to adjust domestic tariff lines with those of the EU, and still around 50 percent of the tariff lines of the country do not match with those of the EU. This means Pakistani exporters would face problems while exporting goods covered under those tariff lines which are not in synchronization with tariff lines of the EU.
 
Considering this, leading textile and leather exporters including members of Pakistan Hosiery Manufacturers and Exporters Association, Pakistan Tanners Association have forwarded written requests to Government authorities and agencies, and has also called upon the MoC, Trade Development Authority of Pakistan (TDAP), Federal Board of Revenue and Ministry of Textile to fulfill their jobs.
 
According to the textile exporters, If the concerned ministries fail to fulfill their task by end of December 2013, and if these tariff lines of Pakistan do not match with those of the EU, Pakistani economy would have to suffer a major loss, particularly in relation with duty free access for 75 textile and leather items.
 

Fibre2fashion News Desk - India


Must ReadView All

Courtesy: Pexels

Fashion | On 23rd Jun 2018

Nigerian bank launches N1 bn fund for fashion entrepreneur

Nigeria’s Bank of Industry has set aside 1 billion Naira (N) to...

Courtesy: Tayal

Textiles | On 23rd Jun 2018

Tayal textile factory in Algeria starts exports to Turkey

Algeria’s largest textile factory, the joint Algerian-Turkish company ...

Courtesy: Manhattan Beachwear

Fashion | On 23rd Jun 2018

Manhattan Beachwear in global partnership with BCBG Group

Manhattan Beachwear, the largest swimwear manufacturer in the US, has ...

Interviews View All

Abhishek Ganguly
Puma India

‘As a brand, Puma is always looking for new and innovative ways to inspire ...

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Rahul Bhadani
Looksgud

Navigating through catalogues is a bit hasslesome

Mala Alwani

<div>Delhi-based fast fashion womenswear brand, Besiva, aims to bridge the ...

John Kelley

Textile Events is one of the largest textile fair in the United Kingdom,...

C Dhandayuthapani

MAG Solvics Private Limited was established in 1991 to design and develop...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Urs Stalder
Sanitized AG

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

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

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