BANGLADESH BULLISH OVER PAKISTAN GSP+ TEXTILE AND KNITWEAR CHALLENGE
September 1st, 2014
BANGLADESH’S textiles and knitwear exporters are confident they will see off the challenge posed by the country’s key regional rival Pakistan, which is benefiting from the European Union’s (EU) Generalised System of Preferences Plus (GSP Plus) status.With these low tariff benefits, the Bangladeshi industry – whose country also has privileged access to the EU market though its ‘everything but arms’ duty free status - has concern about their exports of home textiles to the EU. These may face “strong competitive pressure” from Pakistan. (WHO SAID ...
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