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    Pakistan'S Exports Of Leather Products Fell 18.7% In The Last Fiscal Year.

    2010/7/26 10:33:00 27

    Pakistan Leather Products

    according to

    Pakistan

    The news reported on July 23rd that the recent report released by the Federal Statistical Bureau showed that although the leather products in the international market remained relatively stable in the 2009-10 fiscal year (July 2009 to June 2010), the total value of Pakistan's leather goods exports decreased by 18.7% to 453 million dollars from the US $557 million in the previous fiscal year, while the price of the unit products decreased by 11%.


    The chairman of the Pakistan tanning association has introduced the Tan Tan system.

    Leather export

    The total value increased from $299 million 500 thousand to US $337 million, an increase of 12.57%, and the number of exports increased from 19 million 530 thousand square metres to 23 million 750 thousand square meters, an increase of 21.6%.

    The total value of leather clothing exports decreased from $392 million 500 thousand to US $343 million, down 12.5%, and the number of exports decreased from 883 thousand to 867 thousand dozen, down 2%. The price of each leather garment dropped from 37 US dollars to 33 US dollars, which is lower than the international average price of 50 US dollars.

    The total export value of leather gloves decreased by 36.9%.

    leather shoes

    The total value of exports dropped by 31.5%.


    Supplement:


    The Ministry of Commerce of Pakistan said that the US delegation visiting Pakistan had conveyed to the government of Pakistan that the United States is legislating to cancel the textile tariff of Pakistan. If the legislation is passed, the Pakistan textile industry will not have to pay any tariff on the export of the US market.


    On Monday, after Secretary of state Hilary Clinton released the news, US aid and Richard Holbrooke, the US special representative to Pakistan and Afghanistan, said that the legislation would abolish the tariff of 16% of Pakistan textiles, and the Standing Committee on foreign affairs of the Senate is now discussing this legislative issue.


    At the committee meeting, US senators negotiated with the US trade representative office whether the tariff of textiles in Pakistan would be abolished completely.

    They hope that the Obama administration will succeed in persuading them.

    Senior US officials have promised to win greater market access for Pakistan textiles in order to promote trade and economic relations between the two countries.


    At the same time, a senior official of the Ministry of textiles said that through the abolition of tariffs, greater market access to the United States and Europe for Pakistan products could help Pakistan's exports expand from 8 billion to 10 billion US dollars.

    This means that by 2015, the total volume of textile exports in Pakistan is expected to increase from 10 billion 600 million US dollars to US $20 billion 600 million.


    At present, Pakistan value-added products need to pay 16-20% tariffs on US exports and pay 13% of the tariff to European market exports.

    However, if Pakistan textiles receive tariff free exports to these markets, such as India, China and Bangladesh, the export of textiles in Pakistan is expected to increase from 8 billion to 10 billion US dollars.


    The official said that the goal of early completion of the redevelopment opportunity (ROZs) legislation is to create employment opportunities in the bordering areas of Afghanistan and promote the development of tribal areas, which will benefit Pakistan.


    Gail Stree Keller (Gail Strickler) of the US Textile Trade Representative Office recently met with the Pakistan textile delegation visiting the United States. He assured the delegation that every effort would be made to help Pakistan manufacturers to promote imports and exports and improve the quality of products.


    Paul Jones, deputy representative of the office of the US trade representative, said that improving the market access of Pakistan products is part of the strategic dialogue between the United States and Pakistan. (Jones)

    Better economic cooperation and development will eliminate the friction caused by the trust deficit between the two countries.

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