Home / Knowledge / News / Textiles / '900 Pakistan textile items gain duty-free access to EU'
'900 Pakistan textile items gain duty-free access to EU'
31
Dec '13
With Pakistan winning the Generalized System of Preference Plus (GSP+) status from the European Union (EU), around 900 textile items have been qualified for duty-free access to the EU markets, said Mirza Ikhtiar Baig, chairman of Pakistan Denim Manufacturers and Exporters Association (PDMEA). 
 
Addressing a ceremony organized to acknowledge role played by Punjab Governor Chaudhry Muhammad Sarwar in securing GSP+ status for Pakistan, which shall take effect from January 1, 2014, Mr. Baig said with GSP+ status, textile exports from Pakistan are expected to increase by atleast US$1 billion per annum.
 
The PDMEA official appreciated Prime Minister Nawaz Sharif’s decision of diverting 85 million mmcfd gas to textile industries from power sector.
 
Speaking at the occasion the Punjab Governor said to reap the benefits of the GSP+ status and thereby boost exports, Pakistan would first need to prepare for compliance with 27 EU conventions signed by the Government to avail the status. He added that if the country actually intends to reap the benefits of the GSP+ status, the Government needs to see to it that the energy utility prices remain low.
 
Further pointing at the gas unavailability issue that the textile industry of Punjab is facing over past three months, he said Prime Minister Nawaz Sharif has ensured to reinstate gas supply to factories and industrial units in the province.
 
Pakistan earned the GSP+ status from EU during mid-December 2013, with the European Parliament voting 409-182 in favour of granting the status to the country. 
 

Fibre2fashion News Desk - India


Must ReadView All

Market share of Indian textile items expand in 13 nations

Textiles | On 11th Dec 2017

Market share of Indian textile items expand in 13 nations

Thirteen countries — Germany, France, Italy, the United States,...

Bangladesh garment exports rise 7.46% in July-Nov '17

Apparel/Garments | On 11th Dec 2017

Bangladesh garment exports rise 7.46% in July-Nov '17

Readymade garment exports from Bangladesh increased 7.46 per cent in...

Cotton price increase is not sustainable: ITF

Textiles | On 11th Dec 2017

Cotton price increase is not sustainable: ITF

The increase in cotton price seen last week is only a short-term...

Interviews View All

Poojaa Kumar Deepak
Zeven

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

Top executives
Textile & apparel bodies

The decision is transformational

Hannah Lane
Redress

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

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

Nitesh Mittal

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

Larry L Kinn
Suominen Corporation

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

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Ritu Kumar
Label Ritu Kumar

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

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
69.2%
No
12.1%
Skip
18.7%

Total Votes: 91

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
61.5%
No
30.8%
Skip
7.7%

Total Votes: 91

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
86.8%
No
9.9%
Skip
3.3%

Total Votes: 91

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
81.3%
No
8.8%
Skip
9.9%

Total Votes: 91


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