PAKISTAN: Turkey Quota Increase Boosts Textile Industry
Textile firms are set for a $11 million windfall after Turkey agreed to increase Pakistan's textile quota by 3,000 tons for the next two years and allow it to export another 2,000 tons of denim a year. Those increases were agreed during talks at a recent joint ministerial conference in Istanbul, said Pakistan commerce minister, Abdul Razak Dawood, with further talks planned later this year to discuss quotas and tariffs from 2004.
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