Home / Knowledge / News / Textiles / India opposes EU concession to Pakistan at WTO
India opposes EU concession to Pakistan at WTO
06
May '11
At the World Trade Organization (WTO), India has opposed European Union's (EU) $900 million proposal for granting duty-free access to Pakistani textile exports.

India informed the General Council of the WTO, the apex decision-making body of the organization that the package would adversely impact the exports of other competing nations which would have to continue paying 6-12 percent duty on textile exports to the EU.

Further, India even contended that, the relief package in no way aided the flood victims. Peru, Vietnam and Bangladesh backed India at the Council, which took over the matter as the junior level 'Goods Council' failed to decide on the matter within the scheduled time of 90 days.

May 30 is the deadline for the 27-member bloc to build a consensus, failing which, the proposal will be dropped. Pakistan would earn duty-free access to the EU for 75 items, 64 of which are textiles, for three years.

The proposal can be passed only if all the WTO members give their consent and grant support to the proposal, as the multilateral trading rules stipulate equal treatment for all member countries.

India previously stated that, it had no objections with the EU providing any direct help to the flood hit country as relief measure, but opposed the duty concessions, stating that it would only aid the textile sector and not the flood victims.

Editor's note –
The Pakistani textile sector was hoping to boost the prospects of the industry with the help of the duty concessions on 64 textile items. But going by the general global consensus, it seems, the passage of the concession will face tough opposition from various countries.

Fibre2fashion News Desk


Must ReadView All

Textiles | On 21st Aug 2017

GST payment & filing for July extended till Aug 25

The GST Implementation Committee, consisting of state and Central...

Textiles | On 21st Aug 2017

India’s cotton production may grow by 3.76% in 2016-17

India’s cotton production is likely to rise by 3.76 per cent to 345...

Textiles | On 21st Aug 2017

Telangana announces sops for textile, apparel sector

The Telangana government recently announced a string of incentives,...

Interviews View All

Sunil Rathore
Lacoste India

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

Headhonchos
Indian fashion industry

Organic the first choice of any environment-conscious person

Headhonchos
Indian textile value chain

'One nation, one tax' is a great concept

Johan Berlin
InvestKonsult Sweden AB

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

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Pranav Mishra
Huemn

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

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

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

August 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
67.7%
No
16.1%
Skip
16.1%

Total Votes: 31

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
45.2%
No
35.5%
Skip
19.4%

Total Votes: 31

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
83.9%
No
6.5%
Skip
9.7%

Total Votes: 31

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
61.3%
No
9.7%
Skip
29.0%

Total Votes: 31


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