Home / Knowledge / News / Import/Exports / EU tariff concessions enhance export potential of textiles
EU tariff concessions enhance export potential of textiles
14
Oct '10
Pakistan textiles would receive another US $4 billion this year due to the increase in the prices of domestically produced cotton. Another $1 billion will be added to its earnings as a result of the tariff concessions issued by the European Union (EU). This will take the total textile exports of Pakistan to $15 billion.

The APTMA Chairman, Gohar Ejaz stated that the cotton growers had received Rs 260 billion by selling 12.7 million bales of cotton, last year. This year, they are going to earn as much as Rs 400 billion from the sale of same amount of cotton. This hike in the earnings is due to the rise in international cotton prices.

Gohar further added that EU has low spinning potential. Pakistan exports yarns worth 62.7 million Euros to the region. Even an increase of 40 percent in the country's yarn exports is not going to affect the availability of cotton yarn in the domestic market.

Fibre2fashion News Desk-India

Must ReadView All

Courtesy: Applied DNA Sciences

Apparel/Garments | On 24th Feb 2017

SigNatureT DNA can help prevent apparel counterfeiting

SigNatureT DNA is forensic molecular tag by Applied DNA Sciences...

Textiles | On 24th Feb 2017

Pakistan's textile exports down 1.54% in July-Jan FY17

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

Courtesy: The Irish News/Christian Cowan (Google)

Fashion | On 24th Feb 2017

Google & Christian Cowan create 'really blue' jeans

Google has partnered with British fashion designer Christian Cowan to ...

Interviews View All

Karan Toshniwal
Orange O Tec

Contemporary industry is paying more and more attention to the...

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Rashi Menda
Zapyle

Every fifth sale we make on Zapyle is a repeat purchase

Iago Castro Asensio
RCfil Distribuciones S.L.

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

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Judy Frater
Somaiya Kala Vidya

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

Karan Arora
Karan Arora

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

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

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
February 2017

February 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search