Home textile gets 5pc extension in DBK benefit

Related Keywords: bedsheets, boost entire supply chain, boost home textile segment, curtains, decorative cotton products, etc sector. relief for made ups exporters, extended five percent duty drawback benefit, government, made-ups, main markets, passing through a difficult phase, preferential tariff, products face duty disadvantage, the European Union, towels

Mumbai
Home textile gets 5pc extension in DBK benefit
Summary: 
Government to boost home textile segment has extended a five percent duty drawback benefit to the made-ups (including towels, bedsheets, curtains, decorative cotton products, etc) sector. This move has come as a big relief for made ups exporters passing through a difficult phase.

Government to boost home textile segment has extended a five percent duty drawback benefit to the made-ups (including towels, bedsheets, curtains, decorative cotton products, etc) sector. This move has come as a big relief for made ups exporters passing through a difficult phase.

http://www.business-standard.com/article/economy-policy/home-textiles-sector-to-see-a-big-boost-with-special-package-116120800845_1.html
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GSP plus status boosted Pakistan’s exports to EU from $5.3b to $6.38b in 2014

Related Keywords: Commerce Minister, European Union, Garments, GSP Plus status, home textile, Khurram Dastagir, Pakistan export, Pakistan textile exports, preferential tariff, towels

Karachi
GSP plus status boosted Pakistan’s exports to EU from $5.3b to $6.38b in 2014
Summary: 
Pakistan’s exports to the European Union during the first 10 months (Jan-Oct) of 2014 advanced by 20 percent to $6.38 billion compared to the same period last year’s $5.3 billion was disclosed by Commerce Minister Khurram Dastagir during a seminar.

Pakistan’s exports to the European Union during the first 10 months (Jan-Oct) of 2014 advanced by 20 percent to $6.38 billion compared to the same period last year’s $5.3 billion was disclosed by Commerce Minister Khurram Dastagir during a seminar.

Dastagir said that the preferential tariff scheme boosted export of textile, leather goods, footwear and plastic products.

Pakistan’s textile exports to the EU increased from to $4.4bn from $3.6bn. The exports of garments grew by 28percent, home textiles by 30percent and towels by 23percent.

http://customstoday.com.pk/gsp-status-pakistans-exports-to-eu-rise-to-6-38b-from-5-3b/
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Vietnamese made textile product may lose tariff advantage with RCEP coming in force

Related Keywords: Asean, competitive advantage, European Trade Policy and Investment Support Project, export-import duties, Japanese market, preferential tariff, RCEP agreement, trade barriers, Vietnames made textile product

Vietnam
Vietnamese made textile product may lose tariff advantage with RCEP coming in fo
Summary: 
Vietnamese-made textile products at present enjoy a preferential tariff in Japan due to ASEAN+1 (ASEAN plus Japan) and the Vietnam-Japan Economic Partnership Agreement as similar items from China are subject to 15-20% tariffs.

Vietnamese-made textile products at present enjoy a preferential tariff in Japan due to ASEAN+1 (ASEAN plus Japan) and the Vietnam-Japan Economic Partnership Agreement as similar items from China are subject to 15-20% tariffs.

Preferential tariffs may no longer be a competitive advantage for Vietnamese goods over those from China in the Japanese and South Korean markets after the Regional Comprehensive Economic Partnership (RCEP) agreement is signed.

http://english.vietnamnet.vn/fms/business/115152/vietnam-may-lose-competitive-advantage-of-tariffs.html
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