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India loses 37 textile markets in 2 years to Pakistan in EU

Related Keywords: help textiles sector gain, India and the European Union need to sign an free trade agreement, India loses thirty sevent textile markets, Indian exporters, making exports from India more expensive, over last two years to Pakistan, Pakistans inclusion in GSP by EU, pay export duty, slow pick-up of garments and fabrics from India, Texprocil

With Pakistan’s inclusion in the Generalised System of Preferences (GSP) by the European Union (EU) India has lost 37 textile markets over the last two years in the European Union to Pakistan. Preferences are given to certain countries through tax exemption in developed markets to boost trade from that country.

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