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FTA with China would badly hurt the manufacturing sector of Pakistan

Related Keywords: 000 items in the duty-free list trade with China, China’s Shenghong Corporation and importer Pakistan’s polyester yarn Asif Textile, Free trade agreement (FTA) with China, industry has concerns over inclusion of 3, Karachi Chamber of Commerce and Industry

Zubair Motiwala, former president of the Karachi Chamber of Commerce and Industry (KCCI), said that there is more demand for polyester yarn in Pakistan than its current imports.Pointing towards the local manufacturers, he said these people had suffered a lot in terms of tariff, taxes and other issues. “There is a scope for more polyester yarn exports,” he added.

Pakistan need to focus on diversifying their export range to Europe

Related Keywords: Acting Ambassador of European Union (EU), benefit of GSP plus, China Pakistan Economic Corridor, focus on diversifying export range, Karachi Chamber of Commerce and Industry, Pakistan textile exports. to EU improving, Stefano Gatto

Acting Ambassador of European Union (EU), Stefano Gatto during his visit to Karachi Chamber of Commerce and Industry said that Pakistan’s exports mainly included textile and leather goods to EU has shown improvement but the Pakistan trade and industrial community must make efforts and focus on diversifying their export range to Europe to take fully benefit from EU’s GSP plus scheme.

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