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Bangladesh urge Malaysian govt to award duty-free access for its products

Related Keywords: award duty free market access, Bangladesh Trade and Investment Summit, Bangladeshi products, better market prospect in Malaysia, boost trade ties, Commerce Minister, Commodities like raw jute, jute sacking, Malaysian government, Malaysian investors, Relocation of labour-intensive industries, textile and accessories, Tofail Ahmed

Commerce Minister Tofail Ahmed, addressing the inaugural session of the Bangladesh Trade and Investment Summit 2016 in Kuala Lumpur requested the Malaysian government to award duty free market access for its products to boost trade ties between the two countries. As the trade balance between Bangladesh and Malaysia is always in favour of Malaysia.

India waits for dates to resume trade negotiations with EU

Related Keywords: Commerce Minister, India EU summit, India should conclude the EU-India FTA, making some compromises, Nirmala Sitharaman, resume trade negotiations talks, written to EU trade negotiators to suggest dates

Nirmala Sitharaman commerce minister, after returning to India after attending the latest India-EU summit has written to EU trade negotiators to suggest dates when they could resume trade negotiations talks. There is not yet hear from them yet PM Narendra Modi travelled to Brussels for the summit on March 30.

EU officials have unofficially told journalists they wanted India to open up the automotive sector by lowering tariffs to zero before they restart negotiations. India wants to protect the domestic auto industry which has acquired a degree of competitive advantage.

GSP plus status boosted Pakistan’s exports to EU from $5.3b to $6.38b in 2014

Related Keywords: Commerce Minister, European Union, Garments, GSP Plus status, home textile, Khurram Dastagir, Pakistan export, Pakistan textile exports, preferential tariff, towels

Pakistan’s exports to the European Union during the first 10 months (Jan-Oct) of 2014 advanced by 20 percent to $6.38 billion compared to the same period last year’s $5.3 billion was disclosed by Commerce Minister Khurram Dastagir during a seminar.

Dastagir said that the preferential tariff scheme boosted export of textile, leather goods, footwear and plastic products.

Pakistan’s textile exports to the EU increased from to $4.4bn from $3.6bn. The exports of garments grew by 28percent, home textiles by 30percent and towels by 23percent.

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