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Articles for tag: European Union, exports, GSP Plus, India, SITE Association, textiles

March 17, 2024

News Desk

The textile industry is looking for support to take full advantage of GSP Plus

LAHORE: The leadership of the Pakistan Hosiery Manufacturers Association (PHMA) has pledged that the value-added textile industry will work closely with the new government in a bid to boost exports and revive growth momentum. In a statement, Chairman PHMA Zonal Farrukh Iqbal requested the government to extend its support to the value-added garment sector so that it can realize its potential to reap benefits from the GSP Plus preferential trade facility and provide massive employment among the unemployed population. “Exports to EU countries have started to decline, which is a serious concern,” he said. Iqbal welcomed the government’s recent move

EU keen on strengthening trade ties with Pakistan: EU envoy

ISLAMABAD: European Union (EU) Ambassador to Pakistan Androulla Kaminara has said that the EU has some concerns regarding freedom of expression, forced disappearances and human rights issues in Pakistan. While speaking on Star News Pakistan programme Live With Sehar Kamran hosted by Senator Sehar Kamran, Ambassador of European Union to Pakistan Androulla Kaminara said that bilateral trade is the mandate of the European Union (EU) and not the member states. Member states of the EU cannot draft the bilateral trade agreement. The Generalised Scheme of Preferences (GSP- Plus) status applies to all EU members and it allows exports to the 27

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