62% increase in exports to European countries after GSP Plus facility

Domestic exports to EU countries have increased by 62% since the GSP Plus facility. With the implementation of the five-year textile policy, the exports of the sector can be increased by 10 to 15 percent annually. Corona virus is expected to affect exports to Europe and the United States.

The government should announce incentives for the textile industry. Adil Bashir, Chairman, All Pakistan Textile Mills Association (APTMA), Punjab, has said that corona virus is affecting economic and commercial activities around the world, prompting the government to announce incentives for the textile industry. Should. He said that the European Union provided GSP Plus facility to Pakistan which has increased the domestic textile exports by 62% in 5 years.