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Pak to continue GSP plus benefit, look beyond textile sector

Related Keywords: business community, currency fluctuations, EU Ambassador to Pakistan, improve export secenario to EU, invest in other areas, Jean Francois Cautain, look beyond textile sectors, low quality of exports, overdependence on textile, Pakistan share in EU market, Pakistani government, stagnant, textile exports registered decline

Pakistani government and the business community to improve the export scenario to EU need to look beyond the textile and leather sectors, invest in other areas, said European Union (EU) Ambassador to Pakistan Jean Francois Cautain while talking to The Express Tribune.

Cautain emphasised on breaking away from past trade stereotypes and explore opportunities in other sectors besides textile and leather, in a bid to take advantage of the GSP Plus scheme which came into effect from January 2014, Pakistan gained duty-free access to the EU on certain products.

DGFT urges exporters to tap and diversify into Latin America, CIS nations and Africa

Related Keywords: CIS nations and Africa, currency fluctuations, current turbulence going in Greece, DGFT, Director General of Foreign Trade, impact on Indian exports, in emerging markes, Indian exporters to tap and diversify, Latin America, Pravir Kumar, Union Ministry of Commerce and Industry

Director General of Foreign Trade (DGFT), Union Ministry of Commerce and Industry urges Indian exporters need to look beyond eurozone and explore opportunities in emerging markets such as Latin America, CIS nations and Africa due to the current turbulence going on in Greece.

Director General of Foreign Trade, Pravir Kumar, at the Open House Meet with more than 200 exporters organized by CII Eastern Region in association with the Federation of India Export Organaistion (FIEO) said that when there are risks, it is extremely important to distribute risks and diversify elsewhere.

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