Home / Knowledge / News / Textiles / 'Pakistan textile exporters must focus on Eastern Europe'
'Pakistan textile exporters must focus on Eastern Europe'
18
Jan '14
In the wake of recently earned Generalized System of Preference Plus (GSP+) status, Rukhsana Shah, Federal Secretary of Textile Industry Division, Pakistan has advised value-added textile entrepreneurs to focus on the Eastern European markets, which has substantial growth potential.
 
Pakistan attained the status after 10 long years, giving the Pakistani textile entrepreneurs with enough time to devise short-term and long-term strategies, which is expected to positively reflect in country’s textile exports to the EU, said Ms. Shah during a meeting of value-added textile producers-cum-exporters at Pakistan Hosiery Manufacturers and Exporters Association (PHMA) house in Karachi.
 
Noting that GSP Plus has extended an opportunity for Pakistani textile entrepreneurs to increase their investment in skill development, she advised the entrepreneurs to also focus on better marketing of their products to tap the benefits of the scheme and also develop ideas to overcome problems faced with regards to raw-material imports from South Asian Association for Regional Cooperation (SAARC) member nations, particularly India. 
 
Ms. Shah informed that in an effort to express interest of Pakistan in boosting exports to EU, Minister of State for Commerce and Textile Industry Khurram Dastagir is to visit Eastern Europe in March 2014.
 
On their part, textile entrepreneurs appealed to the Government to develop a daily monitoring system for all exports under GSP+ and reintroducing zero-rated status for the export-oriented industry to help reap the benefit from the GSP scheme. Also, they called on for introduction of single window operations for exports, where exporters can pay all duties and taxes and can also get refunds, if applicable.
 
Chairman of Pakistan Apparel Forum (PAF) and the chief coordinator of PHMA, Muhammad Jawed Bilwani said that in order to fully benefit from the GSP+ scheme Pakistan not only needs to address the security, financial and energy crisis issues troubling the industry, but also monitor its performance with respect to the scheme.
 
During 2012-13, textile exports from Pakistan exceeded US$ 13 billion, 60 percent of which were towards EU.
 

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 20th Feb 2017

UK textile & apparel exports up 7.05% in 2016: UKFT

The exports of apparel and textiles from the UK have increased by...

Textiles | On 20th Feb 2017

Himatsingka Seide incorporates subsidiary in Europe

Himatsingka Seide Ltd, one of the largest producers of home textiles...

Courtesy: Green Initiatives

Apparel/Garments | On 20th Feb 2017

Green Initiatives launches Re:Form to end textile waste

Green Initiatives, a non-government institution, has launched...

Interviews View All

Evelyne Cholet
UCMTF

‘France had a reputation of being big in new ideas, but poor in marketing...

Rajiv Sirohi
Shara

‘Portugal is taking away a major share of the mill made sector.’

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

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...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing 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
February 2017

February 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