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Generalized System of Preferences
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US to Extend The Benefit Under The GPS to Developing Countries
Aug 6, 2015All GSP eligible merchandise including textiles will benefit from the US government's announcement of extending the benefit under the Generalized System of Preferences (GSP) to developing countries. In a notice issued on 28 July, the ...
Tags: textiles, GSP programme
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Barack Obama Has Signed Two Important Trade Measures Into Law
Jul 2, 2015President Barack Obama has signed two important trade measures into law – the Trade Preferences Extension Act of 2015 and Bipartisan Congressional Trade Priorities and Accountability Act of 2015 (TPA-2015). Both bills, passed by ...
Tags: Obama, trade measures, Apparel, Footwear
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Key OIA Trade Bills Have a New Prosess in US Senate
Apr 29, 2015The U.S. Senate Finance Committee passed legislation Wednesday evening that wlil give President Obama trade promotion authority, or TPA, a necessary step for his administration to conclude negotiation of the Trans-Pacific Partnership (TPP). ...
Tags: Sporting Goods, Recreation
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Canada Tariffs Free
Apr 7, 2015Imports into Canada from Myanmar will now enjoy tariff free status after the Canadian government restored the country’s General Preferential Tariff (GPT) and Least Developed Country Tariff (LDCT). Myanmar’s eligibility for GPT ...
Tags: GPT, trading patterns, Apparel
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Quaid-E-Azam Apparel Park Project Lead to Strengthening of The National Economy
Jan 16, 2015The Quaid-e-Azam Apparel Park, the most modern project in South Asia, proposed to come up on 1,500 acres near Motorway-2 that connects Lahore with Islamabad, has been handed over for its management and development work to the Punjab ...
Tags: job opportunities, exports, Apparel
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Thailand Footwear Exports Should Exceed $2.1 Billion This Year
Oct 10, 2014Thailand’s Dept. of Industry and Trade office attributes the footwear exports gains to changes to the Generalized System of Preferences on custom duties granted by the EU in Q1 and ongoing economic recoveries in the U.S. and European ...
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AAFA Brought More Than Two Dozen Apparel, Footwear, and Retail Executives
Jul 30, 2014The American Apparel and Footwear Association (AAFA) brought more than two dozen apparel, footwear, and retail executives to Capitol Hill this week to lobby for key international trade policies and programs. The visits came as part of ...
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The Pakistani Government Has Rendered Pakistan's Textile Policy Ineffective
Apr 9, 2014The Pakistani Government’s inability to fulfill the commitment of releasing Pk Rs. 188 billion for the implementation of the Textiles Policy 2009-2014, has rendered the policy ineffective, said Textiles Secretary Rukhsana Shah during ...
Tags: Textile Policy, textile industry
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Pakistan Textile Exporters Expressed Disappointment on Withdrawal of Zero-Rating Pakistan
Jan 21, 2014Textile exporters from Pakistan have expressed disappointment on the withdrawal of zero-rating regime for the export-oriented sector stating that the withdrawal is adversely affecting exports at a time when huge amounts of Sales Tax Refunds ...
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Pakistan Has Potential to Double Its Textile Exports to Us$ 26 Billion Over Next 5 Years
Jan 13, 2014Pakistan has the potential to double its textile exports to US$ 26 billion over the next five years, if the Government implements necessary set of policies to revive the textile sector of the country, said All Pakistan Textile Mills ...
Tags: Textile Exports, Textile
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The Pakistan Garment Industry Still Needs to Overcome Certain Challenges
Jan 2, 2014The Pakistan garment industry still needs to overcome certain challenges and produce goods of international standards in order to fully benefit from the Generalized System of Preferences Plus (GSP+) status granted by the European Union ...
Tags: Garment Industry, Textile products
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Pakistan Textile Has Urged The Government to Establish GSP+ Cell
Dec 23, 2013The Pakistani textile industry has urged the Government to establish Generalized System of Preferences Plus (GSP+) Cell, in order to fully utilize the duty-free access to the European Union (EU) and earn foreign exchange. The proposal ...
Tags: Textile Sector, duty-free access
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Gas Supply of 100mn Cubic Feet to Ensure Continuation of Work for 3mn Textile Workers
Dec 20, 2013The Federal Government of Pakistan’s decision to ensure gas supply of 100 million cubic feet per day (mmcfd) to the textile industry in Punjab would ensure continuation of work for around 3 million textile workers, said All Pakistan ...
Tags: Gas Supply, Textile
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ECC Approves The PM's Directive for Diversion Natural Gas From Power to Textile Units
Dec 19, 2013Following the Prime Minister (PM) of Pakistan Nawaz Sharif’s decision to provide additional gas supply to the industrial sector, the Economic Coordination Committee (ECC) of the cabinet has approved the PM’s directive for ...
Tags: Textile Units, Textile
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AAFA Welcomed The Introduction of The Generalized System of Preferences
Dec 19, 2013The American Apparel & Footwear Association (AAFA) welcomed the introduction of the Generalized System of Preferences Update for Production Diversification and Trade Enhancement (UPDATE) Act, legislation that would make U.S. imports of ...