Pakistan Missed Access To The EU Through Tax Exemption.
On Tuesday, the Ministry of Commerce of Pakistan held a meeting with
Exit
The company discussed 75 EU tariff free facilities for Pakistan products, including clothing and textiles.
India has been opposed to the EU's decision to grant Pakistan duty-free access. Recently, India changed its position and decided to support the EU decision at the WTO meeting.
However, duty-free access is facing fierce competition with 8 kinds of clothing products in Bangladesh.
A week ago, at the WTO trade goods (CTG) committee meeting in Geneva, Bangladesh put forward 8 reservations about clothing products, because the EU remains the largest export destination for Bangladesh clothing.
However, Bangladesh has informed the World Trade Organization conference that there will be no objection to Bangladesh if there is no tariff treatment for 8 kinds of Pakistan clothing products.
Pakistan missed access to tax exemption because Brazil, Peru and
Indonesia
Objections were also raised at the CTG conference in Geneva.
Generally speaking, the duty free facilities are provided to the least developed countries. Pakistan is a developing country and does not belong to the least developed countries. However, after Pakistan suffered devastating floods last year, it required the European Union to grant 75 kinds of products to Pakistan.
tariff
Favoured policy。
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