The EU Will Provide Preferential Policies For Pakistan'S Exports.
Pakistan business community welcomes the EU's proposal to allow 75% of Pakistan products to enter customs free.
EU market
But at the same time, on Friday, the business community asked EU leaders to consider offering long-term preferential policies instead of just three years. Bedsheets and T-shirts should also be included in the list of tariff free access products.
On Thursday, the European Union announced its draft proposal. According to the EU's trade assistance program for flood victims, the EU will allow 900 million euros (US $1 billion 300 million) of Pakistan goods to be duty-free into the EU market next year.
About 65% of the 75 commodities included in the draft proposal are textile products.
All Pakistan
Textile mill
Anees-ul-Haq, Secretary General of Punjab, said that the floods in southern Punjab and Sindh province resulted in damage to 1 million 500 thousand bales of cotton and caused heavy losses to Pakistan's textile industry.
He said Pakistan products were exempt from customs duties and entered the international market.
It will create more employment opportunities for Pakistan, and will greatly promote the development of the textile industry.
EU Trade Commissioner Carlo Teguh Hurt (Karel De Gucht) said the move was meant to help Pakistan recover from the devastating floods and maintain political stability.
On the other hand, Pakistan has agreed to accept the repatriation of illegal immigrants from EU countries.
Trade
Most of the preferential products are textiles, but the main products in Pakistan do not enjoy preferential tariff reduction policies.
:
- Related reading
The Currency War Is Becoming More And More Intense &Nbsp; Textile And Garment Exporters Are In China.
|Khmer Has Soared To Normal &Nbsp, And Downstream Companies Can'T Afford To Raise Prices.
|- Attract investment | The Ninth National Home Furnishing Soft Decoration Gala Gala Is Held Ceremoniously.
- Footwear industry dynamics | Advantages And Disadvantages Of Diversification Strategy For Shoe Enterprises
- Design Frontiers | Shen Shunnian: A New Interpretation Of "World Warp Knitting Dream"
- brand building | South Korea'S 300 Apparel Brands Enter China
- quotations analysis | The Four Major Factor Will Be The Future Price Trend Of The Right Left China Cotton.
- Shoe making materials | China's Artificial Leather Synthetic Leather And Microfiber Leather Industry Grew Well In 2011.
- Popular this season | Lazy Gospel &Nbsp; Dress Makes Beautiful Women.
- Today's quotation | Cotton Prices Nationwide In March 22, 2012
- Footwear industry dynamics | Technology Is A Thread In The Development Of Sports Shoes Enterprises.
- Marketing manual | 為何寶寶襪子比鞋子更重要
- The Value Of Exports Of Shoes And Clothing Products In Quanzhou Has Increased Substantially.
- 入秋，如何好好保護我們的肌膚？
- Market Warming &Nbsp; 500 Foreign Exhibitors Gathered In Dongguan Shoe Exhibition
- Anta And Other Fujian Footwear Enterprises Staged Micro-Blog Marketing War
- Qingyuan Inspection Bureau Promotes Quality To Serve Shoe Enterprises
- Official Requirements For Trademark Enquiries
- AOKANG Marries Marriard And Set Up An Example Of International Mergers And Acquisitions
- The Currency War Is Becoming More And More Intense &Nbsp; Textile And Garment Exporters Are In China.
- Jinjiang Sports Shoes Brand Meets The "Strong Enemy" In The Rural Market
- Physical Exfoliation Program