Interviews
Turkish policy upsets textile exporters in Pakistan
21 Jan '11
2 min read
The Pakistan Textile Exporters Association (PTEA) has raised serious apprehension regarding the Turkish authorities' move of considerably raising the duty on import of textiles from Pakistan. PTEA has claimed this steep increase in the duties to be the most intimidating move that would harm the Pakistan's textile industry.
Waseem Latif, Chairman, and Adil Manzoor Elahi, Vice Chairman of PTEA while expressing distress over the Turkish government's decision said that, while on one side Turkey is surveying new investment avenues in Pakistan and carrying out talks with the Punjab government for boosting the mutual trade, and on the other side it has levied such heavy duties on textile and garment imports from Pakistan.
The thing which is bothering most is that, the Turkish authorities have increased the import duty on garment imports from Pakistan to 52 percent, whereas the same has been raised to 35 percent for grey fabrics, they said and marked this rise in the duties to be quite steep and illogical.
Such exceptional rise in the duties not only contradicts the international trade rules but also violates the World Trade Organisation's rules, the PTEA leaders said.
Further, they even revealed that, Turkey was a key market for Pakistani textile exports because it serves to be an important link with the EU nations in the course of international trade. As of now, Pakistan stands to be a leading supplier of semi-finished and finished textile products and textile manufacturing equipments to Turkey and each year it exports $341.6 million worth of textiles to the country.
Levy of such high import duty is seen to be a great impediment for Pakistan's textile exports, they said. Also that this decision of the Turkish government has come about at a point in time when Pakistan's textile sector is already striving to gain duty free access to the EU and the US markets, they added.
Waseem Latif, Chairman, and Adil Manzoor Elahi, Vice Chairman of PTEA while expressing distress over the Turkish government's decision said that, while on one side Turkey is surveying new investment avenues in Pakistan and carrying out talks with the Punjab government for boosting the mutual trade, and on the other side it has levied such heavy duties on textile and garment imports from Pakistan.
The thing which is bothering most is that, the Turkish authorities have increased the import duty on garment imports from Pakistan to 52 percent, whereas the same has been raised to 35 percent for grey fabrics, they said and marked this rise in the duties to be quite steep and illogical.
Such exceptional rise in the duties not only contradicts the international trade rules but also violates the World Trade Organisation's rules, the PTEA leaders said.
Further, they even revealed that, Turkey was a key market for Pakistani textile exports because it serves to be an important link with the EU nations in the course of international trade. As of now, Pakistan stands to be a leading supplier of semi-finished and finished textile products and textile manufacturing equipments to Turkey and each year it exports $341.6 million worth of textiles to the country.
Levy of such high import duty is seen to be a great impediment for Pakistan's textile exports, they said. Also that this decision of the Turkish government has come about at a point in time when Pakistan's textile sector is already striving to gain duty free access to the EU and the US markets, they added.
Fibre2fashion News Desk - India
Popular News
Leave your Comments
Editor’s Pick
Esteemed Clients
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Taiwan Textile Federation (TTF)")
