Home / Knowledge / News / Textiles / GSP a double-edged sword for Pakistan
GSP a double-edged sword for Pakistan
11
Jun '15
Pakistan’s exports to the European Union (EU) witnessed a 20 per cent increase during the first 11 months (January, 2014 to November, 2014) of the Generalised System of Preference (GSP) Plus status. This was revealed by Democracy Reporting International (DRI)’s Zulfikar Shah while addressing a multi-stakeholders conference titled “GSP Plus in Pakistan: Towards a coordinated implementation strategy” in Lahore, according to the Pakistani media.

Shah said that the exports rose to Euros 5.067 billion against last year’s Euros 4.22 billion. He added that the GSP Plus mechanism was an incentive for Pakistan to enhance democratic and human rights reforms in the country.

“The GSP Plus status is conditional to meeting Pakistan’s international obligations under the 27 conventions related to human rights, labour rights, environment protection and good governance which Pakistan has ratified,” Shah said, adding that the status was initially given for 10 years and was reviewed after every two years for evaluating if Pakistan was implementing the conventions it has ratified.

“The key challenge is that we have to comply with the 27 conventions which we had ratified and submit the report in the European Parliament in January 2016.”

Shah said that the GSP Plus status has allowed Pakistan tariff-free exports to European markets. “The GSP Plus status provided Pakistan a greater opportunity to fully exploit its potential in textile sector and beyond by increasing its exports, which may result in the creation of thousands of new jobs,” he said.

But Pakistan Institute of Labour Education and research (PILER) chairman Karamat Ali pointed out that the government has not published a single report on compliance of labour laws since the 1990s. Pakistan should implement the 27 conventions of risk losing the GSP status, he warned.

“Compliance is not a one-way street. Legislation on the conventions is but one aspect. The second is institutional arrangements for implementation,” Ali said.

Amir Fayaz Sheikh of the All Pakistan Textile Mills Association (APTMA) insisted that 400 businessman who were a part of APTMA were “completely complying” with the 27 conventions that had been ratified. He added that the textile sector has reduced the carbon dioxide emission by 40,000 tonnes which would play a major role in environment protection.

Sheikh said that after the GSP Plus status, textile sector is eyeing to increase exports from $3 billion to $26 billion and double the direct and indirect job from 15 million to 30 million jobs in the next five years.

The Pakistani government has established Treaty Implementation Cell at the commerce ministry to check whether all the ratified conventions are ratified or not in all the provinces.

 

Must ReadView All

Textiles | On 25th May 2017

Huntsman and Clariant to have merger of equals

Huntsman Corporation and Clariant have announced that their boards of ...

Courtesy: CBRE

Apparel/Garments | On 25th May 2017

European cities preferred for retailer expansion: CBRE

European cities were the preferred new destination for international...

Apparel/Garments | On 25th May 2017

Guess records $458.6 million revenue for Q1 2018

For the first quarter of fiscal 2018, the net revenue of American...

Interviews View All

Stefan Warnaar
Peak to Plateau

People are willing to pay for quality and performance

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Sonia Agarwal
Whitenife

‘The terms eco-friendly and organic are common but everyone perceives them ...

Marten Alkhagen
Swerea IVF AB

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

Eamonn Tighe
Nature Works LLC

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

Kai Poehler
Voith Paper GmbH & Co. KG

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

Wendell Rodricks
Wendell Rodricks

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

Rupa Sood and Sharan Apparao
Nayaab

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

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

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

news category


Related Categories:
May 2017

May 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


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