EU Parliament Voted To Grant Tariff Concessions To Pakistan Textiles

The European Parliament voted in May 10th (2011) in May 10th to support the proposal to suspend trade tariffs on certain textile imports in Pakistan to help boost Pakistan's economic recovery last summer.

But European Parliamentarians insisted on adding defence clauses to ensure imports from Pakistan. textile The EU can cancel tariff relief measures to Pakistan when it poses a serious threat to garment manufacturers in Europe. To reach the agreement, the European Parliament will begin consultations with the EU Council.

The EU's proposal to provide Pakistan's trade aid will reduce or cancel the import tariffs of 75 products (most of the garments and textiles) for 1 years, and extend 1 years if necessary.

Members of the European Parliament also set annual tariff free import quotas for certain textile projects to replace full tax exemption measures. In addition, the defense clause should be added to enable EU textile industry to take measures to restrict Pakistan's exports to Europe when it disrupts European products in the European market of similar products.

In addition, members of the European Parliament also applied this preferential treatment to Pakistan's human rights record. Trade The qualification of the scheme shall be voted.

The amendment of the parliament stipulates that if the implementation of restrictions on human rights and labour rights, sex discrimination or freedom of religious belief and the provision of any form of support or assistance provided by terrorist organizations in Pakistan, the European Commission shall immediately propose to cancel trade preferences for Pakistan.

Members of the European Parliament have postponed the item. Trade The final vote of the concession proposal has prompted the European Parliament and the European Union Council to reach an agreement in the coming months. In addition, the bill must be implemented within the framework of the World Trade Organization (WTO).

The European textile and clothing industry has already declared its opposition to the EU's possible tariff exemption for textiles in Pakistan. The canal claims that if the measure is implemented, nearly 120 thousand jobs will be threatened.

European Apparel and Textile Confederation (Euratex) also said that because the Pakistan textile and garment industry is not located in the flooded areas of Pakistan, the trade concessions provided by the European Union are of little help to the support of the Pakistani countries affected by the floods.