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Global designers to exhibit at Luxury Br…

Designers from Europe, Middle East and North America will exhibit at the upcoming Luxury Brands Carpet Show. The second edition of the curated Luxury Brands exhibition and designer carpet collection is scheduled to...

H&M to dress Swedish teams for Olymp…

Hennes and Mauritz Group (H&M) will dress the Swedish teams for the Winter Olympics and Paralympics in PyeongChang 2018. The company will create outfits for the opening and closing ceremonies. The collection will...

Saurer to show Allma TechnoCorder TC2 at…

Saurer Technologies GmbH & Co. KG Twisting Solutions, a leading provider of energy efficient solutions for tire cord, carpet, staple, glass filament, and industrial yarns, will present its Allma TechnoCorder TC2 innovative machine...

Cone Denim and Unifi launch S Gene with …

Cone Denim and Unifi have launched the latest in advanced stretch technology - S Gene with Repreve . Combining the advanced stretch technology of S Gene with the superior sustainability and performance of...

Shima Seiki to partake in Premiere Visio…

Leading computerised knitting machine developer, Shima Seiki Mfg., Ltd., is set to participate at the Premiere Vision show, a global event for fashion professionals, to be held in Paris, from February 13 to 15, 2018...

Measurably more productive and econom- i…

Even if the winding machine is only responsible for about 10-15% of the energy consumption (compressed air and electrical energy) when considering the classic ring spinning process, these criteria play an important role...

Wool to dominate at Intertextile Shangha…

Some 3,300 exhibitors from around 20 countries covering all apparel fabrics and accessories product groups are expected at the Spring Edition of the industry’s most comprehensive sourcing platform for the spring/summer season, Intertextile...

Global Trade of Home Textiles to touch U…

Home textiles, a major segment of overall textile industry, offers a wide range of categories such as furnishing fabrics, curtains, carpets, table covers, kitchen accessories, made-ups, bedspreads, bath linen, and other home furnishings...

Pakistan Minister to visit Eastern Europe for GSP+ status


(Pakistan)

The Pakistan Minister of State for Commerce, Textile & Privatization, Engr. Khurram Dastgir Khan, has embarked upon a visit to Eastern European countries to ensure a favorable majority in the European Union (EU) Parliament in anticipation of a plenary vote in mid-December 2013, for the grant of Generalized Scheme of Preferences Plus (GSP+) trade preferences to the country in January 2014.

According to a statement issued by the Ministry of Commerce and Textile Industry, the country has enhanced its efforts to gain the GSP+ status from EU, which would provide a boost to the country’s exports, including textiles, in addition to creating more jobs.

The visit to Eastern Europe is a result of the successful visits of the Minister in October 2013 to the European Parliament in Strasbourg, Paris, Madrid, Rome and London, which resulted into a positive, pro-Pakistan vote from the International Trade Committee (INTA) of the EU Parliament.

Mr. Dastgir Khan said the Government has already achieved two milestones of successful votes in the EU Council and INTA in October and November, 2013, and by engaging countries across Europe, the Ministry hopes the country would achieve the formal grant of GSP+ in December, 2013.

However, as of now, the immediate objective is to ensure a smooth vote for grant of GSP+ status to Pakistan by plenary EU Parliament, and this visit would also include serious exploration of increasing mutual trade between Pakistan and Eastern European countries, especially in textiles sector, he added.

Achieving GSP+ status from EU is likely to add US$ 700 million to US$ 1 billion to Pakistan’s overall exports, and create around 1 million new jobs in the country which would boost the textiles sector and improve the national economy.

The Minister is scheduled to visit Romania, Czech Republic, and Poland, as the three Eastern European countries form a large block of votes in the EU Parliament.

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Middle East Textile Journal

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