Pakistan Apparel Exporters Association Is Very Pleased With The Implementation Of Trade Preferences.
Pakistan garments
Garment manufacturing
The exporter's Association (PRGMEA) expressed appreciation for the efforts made by ministers and prime minister in the early implementation of the EU's proposed ATP.
The EU's self government trade preferences are meant to help Pakistan restore the economy that was damaged in the 2010 flood disaster.
Pakistan garment manufacturers and Exporters Association
Pakistan
Garment manufacturing
Attic, President of the association of exporters' Association (Southern District), said on Wednesday that the situation of the ailing textile industry has seen a glimmer of hope as the news of self government trade preferences will soon be implemented, because this will become a turning point.
textile industry
A business opportunity for many workers.
"We very much hope this will pave the way for the European Commission's approval of Pakistan's GSP+ status and the launching of a free trade agreement with the European Union," he said. "This will bring more necessary stimulus to the industry, provide employment for the country and generate foreign exchange earnings."
Attic stressed that it is necessary to set up a public-private working group to monitor and track this problem, so that no pleasant surprises will happen at the end.
Attic said that by seeking free trade instead of seeking aid, the government has taken measures in the right direction and will soon bring about positive changes in the country's economy under the efforts of all relevant departments.
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