Pakistan’s textile exports to Turkey dropped to around $500mn from $1bn

Related Keywords: apparel import, apparel of textile material, articles of apparel, causal wear, cloth, cotton fabric (woven), extra custom duty, fashion, FTA, grew at good pace, knitted crochet, mutual trade growth, Pakistan bilateral trade, Pakistan garment, Turkey

Karachi
Pakistan’s textile exports to Turkey dropped to around $500mn from $1bn
Summary: 
Pakistan’s bilateral trade with Turkey grew at good pace and crossed one billion dollar mark in 2010-11, but it started declining after the imposition of safeguard duties in August 2011 by Turkey to protect its domestic industry. The Government of Pakistan had been raising the issue at the highest level with the Turkish officials, but there had been no developments.

Pakistan’s bilateral trade with Turkey grew at good pace and crossed one billion dollar mark in 2010-11, but it started declining after the imposition of safeguard duties in August 2011 by Turkey to protect its domestic industry. The Government of Pakistan had been raising the issue at the highest level with the Turkish officials, but there had been no developments.

http://nation.com.pk/business/08-Mar-2015/duties-cut-textile-exports-to-turkey-by-50pc
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