Home / Knowledge / News / Textiles / EU duty concession to Pakistan held back temporarily
EU duty concession to Pakistan held back temporarily
28
Jan '11
Muhammad Aasim Shah, leader of the Value-Added Textile Forum (VTF) while sharing his experiences regarding the Heimtex festival, the world's biggest textile fair recently held in Germany's Frankfurt said that, regardless of the fact that the government intends to observe 2011 as the 'Year of Export', the fair generated dissatisfaction amongst the textile exporters of Pakistan.

He said that, after many efforts and demands from the Pakistani exporters, and in view of the frontline role played by Pakistan in war against terrorism and the damages caused by the recent flood, the European Union granted 75 textile products from Pakistan with duty free access to its markets from January 1, 2011.

But then, quite disappointedly the EU has been required to hold back its decision for three more months, as the Indian lobby at the EU proved to be so powerful and effective that it pressed the EU to defer its decision of granting such access to Pakistan. Thus, as the buyers have not been able to cash in on this duty free access as announced by the EU while buying goods from Pakistan, they have started relocating their businesses to China and India.

Earlier, in the mid part of 2010, the EU decided to grant duty-free access to Pakistan, and this proved to be a positive move in favour of Pakistan, as many importers switched to Pakistan to gain from the duty-free facility. Also this considerably boosted the country's exports during the last few months, the statistics revealed.

But now, the importers are feeling that the Pakistani government has failed to persuade the EU member countries to gain support for earning the duty free access, and that too particularly when the opposing lobby is quite powerful, Shah said.

He further advised that, Pakistan has an opportunity ahead as it can once again raise its claim for earning the facility at the EU's forthcoming joint meeting session. The issue has now become a question of pride for the Pakistani government and also the exporters, he added.

Fibre2fashion News Desk - India


Must ReadView All

Apparel/Garments | On 26th Sep 2017

US raises annual AGOA quota for textiles

The US Committee for the Implementation of Textile Agreements has...

Textiles | On 26th Sep 2017

Gujarat hopes extended textile policy to attract Rs 5000 cr

The Gujarat government feels that its recent decision to extend its...

Apparel/Garments | On 26th Sep 2017

Cash burn by e-tailers in India may double during festivals

During this year’s festival season, which has already started,...

Interviews View All

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Sachin Sharma
Gem Enviro Management Pvt Ltd

There are no significant differences between virgin yarn and PET recycled...

Karin Ekberg
Leadership & Sustainability

Sustainable models are beneficial for brands, retailers and manufacturers

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

Rupa Sood and Sharan Apparao
Nayaab

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

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

September 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
74.5%
No
12.8%
Skip
12.8%

Total Votes: 47

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.7%
No
25.5%
Skip
12.8%

Total Votes: 47

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.2%
No
6.4%
Skip
6.4%

Total Votes: 47

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
70.2%
No
10.6%
Skip
19.1%

Total Votes: 47


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