Search Results for: Pakistan

DETAILS have been released about knitwear and yarn tariffs that will be scrapped regarding products exported and imported between Vietnam and the European Union (EU) under their new trade deal. The full text of the agreement struck last August (2015) has been released and shows how the EU is prepared to remove its tariff barriers to Vietnam knitwear exports.…

Turkish denim firms have roared onto the global market in recent years, impressing consumers, terrifying the competition.

These companies are aided by Turkey’s high quality cotton – particularly that produced in the country’s Aegean region on the west coast. Aegean premium cotton is renowned for its ability to retain paint and for its softness and absorbency, all without genetic modification.…

PAKISTAN’S textile sector is struggling as exports are declining, with producers unable to compete with regional countries such as Bangladesh and Vietnam,

Jawed Bilwani, chairman of the Pakistan Apparel Forum has told WTiN.com. In an interview he warned that looking at trade data for financial year 2014-15 compared to 2013-2014: “Our textile exports are declining persistently and are in a state of emergency.”…

SPECIAL trade access to developed countries is always a boon to emerging market suppliers, and the European Union’s (EU) GSP+ system is especially sought after, and – noted a recent European Commission report – widely utilised.

GSP+ suspends EU duties on 66% of EU tariff lines, while for standard GSP, these same duties are merely reduced.…

THE PAKISTAN government has unveiled a new five-year industrial plan aimed at growing the country’s automotive manufacturing sector. The government says it will waive import duties on materials and technology needed to establish new auto plants in Pakistan and also reduce import duties charged on auto parts once these factories are operational.…

Free trade agreements with the United States and Europe are essential if the Indonesian textile market is to flourish and compete with strong regional rivals, according to analysts and sector leaders.

The Indonesian government has said it wants to sign the Trans-Pacific Partnership (TPP) agreement agreed by 12 Pacific Rim countries last October (2015).…

Pakistan’s ministry of textile industry wants cabinet support for an action plan to ensure the country’s textile manufacturers receive enough cotton supplies following a slump in local production during the 2015 growing season.

According to current government data, Pakistan’s cotton production dropped 33.85% to 9.71 million bales during this past 2015 growing season.…

Pakistan’s textile producers have welcomed new tax incentives aimed at boosting the industry. Official documents provided to WTiN.com by Pakistan’s ministry of textile industry reveal that Pakistan’s government is planning to create of 3 million new jobs by providing tax incentives to its struggling textile industry.  …

JAPANESE development agencies are working to increase the level of textile imports sourced from Pakistan. The Japan International Cooperation Agency (JICA), based in Yokohama, is presently in discussions with the government of Pakistan about ways in which Japanese overseas development aid might be best put to use to assist this sector – of critical importance to the overall Pakistani economy.…

PAKISTAN’S textile producers will continue to benefit from European Union (EU) preferential tariffs following a European Union’s decision not to suspend Pakistan’s ‘generalised scheme of preferences plus’ (GSP+), status despite concerns about its human rights record.

The scheme has been beneficial to Pakistan’s textile industry – textiles and clothing account for around 75% of Pakistan’s exports to the EU.…