Related Keywords: European duty free access scheme, exports grow, garment exports, Pakistan home textile, Strategic Trade Policy Framework, textile sector
Pakistan home textiles exports has grew to $1.1 billion from January to September – higher by $235.8 million or 27.7% over the comparative period. While, garments exports increased to $1.9 billion, showing net addition of $399 million on back of 27.1% growth due the European duty-free access scheme.
Pakistan has so far earned $910 million extra by availing the scheme, which is almost equal to the money that the country raised this month from international markets by paying almost 7% interest.