Home / Knowledge / News / Textiles / Pakistan must diversify exports to Europe, says EU envoy
Pakistan must diversify exports to Europe, says EU envoy
24
Aug '15
Stefano Gatto
Stefano Gatto
Acting ambassador of the European Union (EU), Stefano Gatto, has asked Pakistan's business community to diversify its exports to Europe in the post-GSP Plus scenario

Pakistan's exports mostly consist of textiles and leather goods currently, but efforts should be made to diversify the export range in order to fully benefit from the EU's GSP Plus scheme, he said while speaking to office bearers of the Karachi Chamber of Commerce and Industry (KCCI).

“Pakistan needs to focus on strengthening its capacity in order to effectively compete in the international markets,” the Pakistani media quoted him as saying.

Gatto said that Pakistan's exports to EU had been gradually improving after the grant of GSP plus status, however after every two years, the 28-nation European bloc would assess whether Pakistan was fulfilling the conditions required to get duty-free access to European markets or not. The first assessment had begun, which would be officially reported in January 2016, he added.

Commenting on China-Pakistan Economic Corridor (CPEC), he said it could bring economic improvements and Pakistan would be able to play the role of a bridge between the Central Asian Republics (CARs). But Gatto termed the lifting of moratorium on death penalty and establishment of military courts serious issues "We want to see strengthening of civilian courts rather than giving the role to military courts," he added.

KCCI Senior Vice President Muhammad Ibrahim Kasumbi stressed the need for improving the perception about Pakistan particularly in the EU countries. He said the security situation in Karachi has improved significantly due to the ongoing operation against criminal elements.
He also endorsed Gatto's statement that Pakistan needs to export traditional and non-traditional goods to the EU markets in order to fully benefit from the GSP Plus scheme. (SH)

Fibre2Fashion News Desk – India


Must ReadView All

Digital textile printing sector to grow by 20% by 2020

Textiles | On 18th Jun 2018

Digital textile printing sector to grow by 20% by 2020

The digital textile printing sector is expected to have a compound...

Courtesy: Hela Clothing

Apparel/Garments | On 18th Jun 2018

Hela's latest label revolves around underwear, sleepwear

The latest collection of Sri Lanka’s Hela Clothing is revolves mostly ...

Kenya levies higher duties on mitumba import

Apparel/Garments | On 18th Jun 2018

Kenya levies higher duties on mitumba import

Kenya’s treasury secretary Henry Rotich recently raised the duty on...

Interviews View All

Karel Williams
Dow Microbial Control

'Silvadur is most rapidly adopted in areas where hygiene-conscious and...

Mandeep Nagi
Shades of India

Women value something that is unique and has a flavour of India

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

'The blend of cotton–linen yarn has high demand in the domestic and...

Tejas N Patel, Navin D Patel

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

Riddhi Jain

Conceived in Europe and curated in New Delhi, NeceSera is a...

Mala Alwani

<div>Delhi-based fast fashion womenswear brand, Besiva, aims to bridge the ...

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...

Mohammad Hassan
Biax Fiberfilm

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

Cigdem Akin
Cigdem Akin

She has carved a niche for herself as the national brand of Turkey. Her...

Judy Frater
Somaiya Kala Vidya

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

Amiben Shroff
Shrujan

From its modest beginning in the late 1960s, Shrujan has grown into a...

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