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Pakistan Proposes To Export Footwear To EU For Exemption From Tariff Treatment

2013/4/11 18:42:00 16

Footwear ExportsFootwearExports

< p > the Pakistan authorities have applied for exemption from EU EU Generalised System of Preferences Plus (GSP+).

The new GSP+ will come into effect from January 1, 2014. During the ten years, the developing countries that are fully up to the required standard will enjoy the reduction of tariff or zero tariff.

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Less than 2% of the total number of EU GSP imports, and the country should not be included in the list of countries with medium or higher income announced by the world bank, P.

In addition, the country must prove that it has followed 27 international conventions relating to human rights, labour rights, environment, tobacco control and good governance.

According to the news of the Ministry of Commerce of Pakistan, the government has ratified all the aforesaid conventions, but only needs to face the problems of implementation.

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"P", according to Lars-Gunnar Wigemark, the EU's ambassador to Pakistan, it takes 8 to 10 months to complete the case. The case is first sent to the European Commission (EC), which is subject to the approval of the European Parliament.

At present, there are 75 items of goods in the country (most of which are a target= "_blank" href= "//www.sjfzxm.com/" > textile > /a > products, garments and a target= "_blank" href= "//www.sjfzxm.com/" > shoes "_blank", which enjoys preferential tariff preferences for EU temporary independent trade preferences, which is valid until December 31st of this year.

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< p > Gohar Ejaz, former director of the Pakistan National Textile Manufacturers Association (APTMA), claims that the export of textiles and garments will be doubled to 22 billion US dollars in the next three years from the current 12 billion 400 million US dollars.

Pakistan is the fifth largest supplier of textile and garment products to the EU, with an annual trade volume of more than 8 billion euros. The export growth rate of textiles and garments reaches 8.4% in the first seven months of the 2013 fiscal year (2012/7-2013/6).

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