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Articles by Rahimullah Yusufzai
Pakistan's garment manufacturers are anticipating significant trading benefits from an expected accession to the European Union's (EU) new Generalised Scheme of Preferences Plus (GSP+) trading scheme from January 2014. But production also needs help, local industrialists say.
Pakistan's struggling clothing and textile industry, which generates 65% of the country's total foreign exchange earnings, is anticipating a significant boost in export sales following the recent World Trade Organization (WTO) decision to approve a waiver allowing 75 Pakistani products duty-free access to European Union (EU) markets for two years.
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