HEIMTEXTIL TO BRING OVER USD 1 BILLION WORTH OF TEXTILE ORDERS TO PAKISTAN, EXPORTERS CLAIM
February 1st, 2014
PAKISTAN’S textile industry is going to secure over USD1 billion worth of orders from the recently concluded Heimtextil exhibition in Germany, the Pakistan Textile Exporters Association (PTEA) has predicted.A spokesman told WTiN.com that the figure represents a “40 per cent jump in the number of orders” compared with the last year, and said the boom in orders is “fully attributed” to the country’s eligibility to the European Union’s (EU) GSP+ trade scheme. This began on January 1 and will allow Pakistani textile products to enter the EU tariff-free, ...
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