Home / Knowledge / News / Textiles / Textile sector positive on Pak-EU negotiations
Textile sector positive on Pak-EU negotiations
Oct '10
Textiles, Pakistan's leading export industry is saving high hopes on the negotiations going on between Pakistan and European Union for gaining free market access in EU, which if it turns positive, would greatly enhance the core export industry of the country.

Experts are expecting the talks to turn positive, on the assumption that the EU market may grant the access in view of the massive floods in Pakistan which have ravaged a greater part of the country. Also as the floods have devastated the country's economy, there is an intensified need for striking this deal with EU, at the earliest.

Presently, whereas the 27-country strong EU, is deliberating on the ways to provide assistance to Pakistani exports to EU, the textile sector experts in Pakistan stated that, there are three main issues that need to be decided.

First being the list of the items, next, the extent of duty concession and the last one being the period for which these duty concessions should be granted. EU is likely to disclose its tariff concession plan, soon.

As of now, 24 percent of country's overall exports which comes to around $4.6 billion are towards EU. As textile alone contributes 68 percent or say $3.1 billion of these exports to EU, hence is seen to benefit the most if the negotiations for duty free access, turn positive.

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 21st Oct 2016

China’s garment retail sales grow 7.2% in Jan-Sept ’16

Retail sales of garments, footwear, hats and knitwear of Chinese...

Mike Preston, executive director of the Arkansas Economic Development Commission (AEDC), signing MoU with Tang from Suzhou Tianyuan Garments company. Courtesy: Government of Arkansas

Apparel/Garments | On 21st Oct 2016

Suzhou Tianyuan to open $20 mn garment factory in US

Suzhou Tianyuan Garments company, a Chinese manufacturer of casual...

Textiles | On 21st Oct 2016

Pakistan’s textile exports fall 5.96% y-o-y in Q1 FY17

The value of textile and garment exports made by Pakistan decreased...

Interviews View All

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Giorgio Mantovani
Corman S.p.A

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

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Judy Frater
Somaiya Kala Vidya

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

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

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


Browse Our Archives


Advanced Search