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

Chinese firm sets up textile-garment chain in Vietnam

Apparel/Garments | On 13th Dec 2017

Chinese firm sets up textile-garment chain in Vietnam

Worldon Vietnam Co. Ltd under the Chinese Shenzhou Group is likely to ...

Courtesy: SATO Global Solutions

Information Technology | On 13th Dec 2017

Sensor networks improve inventory management

Sensor networks like radio frequency identification (RFID) and smart...

CMAI hails review of FTP as 'progressive package'

Apparel/Garments | On 13th Dec 2017

CMAI hails review of FTP as 'progressive package'

The Clothing Manufacturers' Association of India (CMAI) has hailed...

Interviews View All

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Subhashini Srinivasan
The S Studio

Ethnicwear market will see an upward trend if uniqueness and quality are...

Yash Maniyar
Rekha Maniyar

Indian fashion market is growing at a staggering rate

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Erik Sy

Manila-based CustomThread is a start-up offering premium custom apparel...

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Mohammad Hassan
Biax Fiberfilm

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

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Eric Scholler
Groz-Beckert

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

Sonam & Paras Modi
SVA

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

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Judy Frater
Somaiya Kala Vidya

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

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

December 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
69.6%
No
12.0%
Skip
18.5%

Total Votes: 92

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
62.0%
No
30.4%
Skip
7.6%

Total Votes: 92

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
87.0%
No
9.8%
Skip
3.3%

Total Votes: 92

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
81.5%
No
8.7%
Skip
9.8%

Total Votes: 92


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