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Related Keywords: an Union import tariff, EU Ambassador to Sri Lanka, EU denied the facility to Sri Lanka, failure to implement international conventions, GSP plus, lack of progress, meeting criteria in some areas of focus, tariff lines covering textile to fisheries, Tung-Lai Margue, with effect from nineteenth May

Sri Lanka will start enjoying the European Union import tariff GSP plus despite lack of progress in meeting criteria in some areas of focus, with effect from May 19, said EU Ambassador to Sri Lanka Tung-Lai Margue.

The EU had denied the facility to Sri Lanka in 2010 due to the country’s failure to implement 27 international conventions on human rights, labour conditions, protection of environment and good governance.

Related Keywords: annual Ransalu textile expo, balance out potential effects, biggest global trade agreement, development program, expects return of EU trade concession, from TPP agreement, GSP plus, high quality apparel manufacturing countries, showcase large scale and SME textiles. Sri Lanka to be positioned among top ten, Sri Lankan apparel sector

Sri Lankan apparel sector expects the return of European Union's trade concession GSP Plus which is likely to balance out potential effects from the TPP agreement, the biggest global trade agreement in two decades.

Related Keywords: EU and GSP plus, EU and GSP+, European Union, garment industry representative, GSP, GSP plus, GSP plus for Sri Lanka, GSP+ for Sri Lanka, increase wages of garment workers

Sri Lanka is likely to regain the GSP plus trade concession from European Union for garments exports, government said, five years after the nation lost the trade concession over its failure to meet the criteria on human rights concerns.

Prime Minister Ranil Wickremesinghe gave assurance that Sri Lanka will regain the GSP plus trade concession from the European Union when he met local and foreign garment industry officials at Temple Trees yesterday. He said that no fresh conditions have been made. They have been working very closely with the EU.

Related Keywords: carpet, Export development fund, GSP plus, includes textile and clothing, International Road Trans-ports Convention, major exportable products, no refund, no tax, Pakistan commerce ministry, proposes zero rating

The Pakistan commerce ministry has proposed zero-rating for major exportable products which includes textile and clothing in the next budget. The proposal of zero-rating would mean no tax, no refund. The other major exportable items are carpets, sports, surgical and leather goods.

Related Keywords: draft new textile policy, ECC for approval, federal minister for textile, GSP plus, new textile policy, Pakistan texile sector, related sector of textile, value added products

Pakistan’s textile sector alone has the potential to steer the country out of its financial crisis. Keeping this in view, Federal Minister for Textile and Industries Abbas Khan Afridi on Tuesday said that draft of the new textile policy (2014-19) would be ready in a few days and will be forward to the ECC of the Cabinet next week for approval.

He stressed the need for formulating a comprehensive and long-term policy, and said both the government and industry were committed to fully exploit the potential of all related sectors of textile.

Related Keywords: 200 tariff lines, EU, European Parliament, European Union's GSP, export, export 6, General System of Preferences Plus, GSP plus, manufacturing sector, PCCI, Philippines, Textiles, zero duty

The Philippines already enjoyed benefits from the European Union's GSP, wherein 2,442 products out of 6,209 are subject to zero duty while the rest have lower tariffs. But with the European Parliament completing the process to grant the Philippines request for inclusion in the European Union’s (EU) General System of Preferences Plus (GSP+). The Philippines can now export 6,200 tariff lines, including textiles

Related Keywords: Bangladesh, China, European Union, Garment Exporters, GSP plus, labour law, Pakistan, readymade garment industry, wage rate, zero duty access

EU being the largest market for Indian textile exports, Indian garment exporters have to face tough competition from neighbouring countries for export of readymade garments mainly due to zero duty access to European Union (EU) available to Bangladesh and inclusion of Pakistan in GSP plus by the EU. Apart from this, difference in wage rates, labour laws etc.