Related Keywords: eastern European market, GSP, Pakistan textile industry
To achieve the benefits of Generalised System of Preferences (GSP) Plus scheme, Textile Industry Division Federal Secretary Rukhsana Shah has advised value-added textiles sector to prepare itself for the Eastern European markets because of their strong growth potential.
Pakistan has received such tax incentives after a period of 10 years, providing the country enough time to prepare short and long-term strategies, she said, adding that this would help to increase the country’s textile exports to the European Union.
