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Related Keywords: agriculture products, bilateral trade, collaboration with the Ministry of Industry, Commerce and Tourism of Kingdom of Bahrain, constitute Pakistan Bahrain Business Council, focus on investment opportunities, hold first Pakistan Bahrain Business Opportunities Conference, includes Textile, Pakistan

Pakistan in collaboration with the Ministry of Industry, Commerce and Tourism of Kingdom of Bahrain to hold first Pakistan-Bahrain Business Opportunities Conference later this year The conference will focus on investment opportunities in various field which includes textile, agriculture products also.

Related Keywords: are chargeable to Sales Tax, Federal Board of Revenue, five major export oriented sector, Imported finished textile articles, includes Textile, locally made finished textile articles, ongoing budget exercise, Retailers of textile sectors, reworking sales tax structure, value addition, zero rated from sales tax to boost up exports

The Federal Board of Revenue (FBR) during the ongoing budget exercise for 2016-17 is reworking sales tax structure on the five major export oriented sector which includes textile, carpets, leather, surgical and sports goods under SRO.1125. According to Tax experts, sales tax on five export-oriented sectors was declared zero-rated first time through Finance Bill 2005.

Related Keywords: accessing the lucrative EU market, again retain vibrancy, AGOA, attractive to investors, country will benefit through shipping goods, duty free market, economic partnership agreement, Europenan Union, includes Textile, make Swaziland more competitive, positively contribute to economic development, Swaziland textile, to union without delay

With the European Union (EU) opening duty-free market for 9 600 products including textile by October, Swaziland’s textile industry will again retain its vibrancy that was impaired due to the loss of African Growth and Opportunity Act (AGOA) almost two years ago.

Through the implementation of the Economic Partnership Agreement (EPA) countries are allowed to export goods to the EU, duty-free under AGOA. The country is in the process of ratifying the agreement with the assistance of the EU.

Related Keywords: African countries, both woven and knitted, developing countries to phase out export subsidies, expanding scope of MEIS, export of cotton fabrics, gained export competitiveness, includes Textile, increase in incentive, Indian government, made ups to leading market, support exports, United States raised issue, violating global rule, WTO agreement

The United States has raised issue over increase in incentive by Indian government to support exports of several products which includes textile while expanding the scope of the Merchandise Exports from India Scheme (MEIS) this October. The Indian government has included exports of cotton fabrics, both woven and knitted, and made-ups to leading markets including African countries under the MEIS.

Related Keywords: APTMA, boost exporting sector, Federal Commerce Minister Khurram Dastgir Khan, held meeting with PCMEA, includes Textile, negotiating FTAs, Turkey and Korea, with Thailand

Federal Commerce Minister Khurram Dastgir Khan said on Monday after holding a meeting with Pakistan Carpet Manufactures and Exporters Association (PCMEA) and All Pakistaan Textile Mills Association that Pakistan is negotiating free trade agreements (FTAs) with Thailand, Turkey, and Korea to boost exporting sectors including textile.

The commerce minister said that Pakistan is negotiating with governments of these three countries regarding signing of free trade agreements in search of new markets to boost exports.