Pakistan directed to spread exports to EU as well as Sweden

With Pakistan having granted GSP plus status by EU in which Sweden has always been a strong supporter of Pakistan in European Union’s grant of GSP Plus Status has become effective since January 1, 2014. Pakistan has been advised to spread its exports to EU as well as in Sweden.

Swedish Ambassador Tomas Rosader speaking at Karachi Chamber of Commerce and Industry (KCCI) on Monday has urged Pakistani exporters to diversify their exports to Sweden as well as to the European Union (EU) which has resulted in opening up immense opportunities for Pakistan.
He further added that the Swedish embassy in Islamabad and its consulate in Karachi are both trying to improve business links between both the countries.

Underscoring the need to further improve trade ties between Pakistan and Sweden, the Ambassador was fairly optimistic that this can be done keeping in view the existing great potential of trade enhancement between the two countries.

Appreciating the role being played by Karachi Chamber towards strengthening relations with Sweden, he said that KCCI’s vigorous efforts and the willingness to develop trade ties between Pakistan and Sweden have resulted in furthering business ties between the two countries.

President KCCI Abdullah Zaki appreciated the Swedish government’s support. It is high time that Pakistani exporters, besides exporting traditional textile products, must focus on exporting other goods to the EU, he added.

They need to look for ways and means to enhance current trade volume of just $300 million, which is heavily in favour of Sweden. They must take steps to at least balance it, added Abdullah.

Abdullah requested the Swedish Ambassador to help KCCI in promoting 11th My Karachi Oasis of Harmony Exhibition in Sweden by encouraging the Swedish business community to densely participate in this mega event scheduled to be organized at Karachi Expo Center from June 20th to June 22nd, 2014.

Recent Posts

Yanpai orders needlepunch lines from Andritz

Zhejiang Yanpai Filter Technology has placed a new order with Andritz for two additional high-performance needlepunch production lines.

1 day ago

Chinese textile group Sunrise to invest in Morocco

Sunrise has started building a textile factory in Morocco through its newly formed subsidiary, Euwen Textiles. Construction has begun in…

1 day ago

Tendam, UDIT study carbon impact of fashion e-commerce

Tendam, in partnership with the University of Design, Innovation and Technology, has released a new study examining the carbon footprint…

2 days ago

Mycelium-based insulation emerges as solution for fast-fashion waste

Researchers from Latvia have identified mycelium-based insulation as the most promising reuse option for fast-fashion textile waste.

2 days ago

Researchers turn PET waste into anti-cancer medicines

A breakthrough has revealed a new way to convert PET from plastic bottles and synthetic textiles into key components used…

2 days ago

India–New Zealand FTA to boost Indian textile exports

The proposed India–New Zealand Free Trade Agreement (FTA) is expected to significantly strengthen Indian exports.

3 days ago