Home / Knowledge / News / Textiles / PTEA thanks Germany for Pakistan bagging GSP Plus status
PTEA thanks Germany for Pakistan bagging GSP Plus status
06
Mar '14
The Pakistan Textile Exporters Association (PTEA) has thanked the German Government for its sincere support for Pakistan bagging the EU’s Generalized System of Preferences (GSP) Plus status, APP reported.
 
During a visit of Cyrill Nunn, German Ambassador to Pakistan, to the PTEA office in Faisalabad, PTEA chairman Sheikh Ilyas Mahmood said the German Government sincerely supported Pakistan for duty free access of its goods to the EU under the GSP as well as in obtaining the GSP Plus status.
 
Mr. Mahmood said the GSP Plus will help Pakistan’s economy, as it will boost the country’s exports, especially textile exports. He also appreciated the part played by the German embassy in Islamabad in helping textile exporters increase their trade with Germany.
 
Mr. Nunn said the GSP Plus status provides an opportunity for Pakistan to improve its economic and political relations with the EU. He said the GSP Plus facility gives Pakistan a competitive edge in the EU markets and it would contribute to sustainable development in the country.
 
To help Pakistan get maximum benefit from its GSP Plus status, Germany would launch an extensive vocation training programme to help enhance the quantity and quality of exportable Pakistani goods, the Ambassador informed.
 
Mr. Mahmood said Pakistan is not self-sufficient in energy while Germany is known for alternative energy solutions, and hence, Pakistan could greatly benefit if there is transfer of technology and joint venture projects in this field.
 
Mr. Nunn said a GIZ funded programme for minimizing energy wastage is already being implemented in Pakistan, and gave assurance that in the coming months, German companies would be hugely investing in Pakistan, especially in the energy sector.
 

Fibre2fashion News Desk - India


Must ReadView All

Courtesy: Stone Island

Apparel/Garments | On 25th Jun 2018

Stone Island has mastered ingredient branding: Braind

Italian high-end men's apparel brand Stone Island tops the list of...

Courtesy: Tecnorama

Textiles | On 25th Jun 2018

'Tecnorama automatic dyeing system offers efficiency'

Italy based Tecnorama’s fully-automatic machinery for dispensing...

Courtesy: Lenzing

Textiles | On 25th Jun 2018

Lenzing launches Veocel nonwoven speciality brand

Leading fibre company, the Lenzing Group has unveiled Veocel, the new ...

Interviews View All

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Top executives
Textile industry, India

Such fairs are a must for industry to showcase new innovations

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Apurva Kothari

No Nasties was the first fashion brand in India to make 100 per cent...

Tejas N Patel, Navin D Patel

Founded in 1999 by Navin Patel in the name of Tejas Fabrics with 100...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Paolo Ocleppo
Sandvik Hyperion

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

Suresh Patel
Sidwin Fabric

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

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Adriano Goldschmied
AG Jeans

The hype around 'designer jeans' was created by him. And the new wave of...

Aditi Somani
Aditi Somani

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

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