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Disagreement over textile quotas from Britain between S’pore and KL

Related Keywords: before formation of Malaysia, collapse of textile talks, export quota from Britain, issued a single quota, Singapore and Malaya, Textile exports from Pakistan

Singapore and Malaya received separate export quotas from Britain, before the formation of Malaysia. In 1964, after Singapore had become part of the new nation, Britain decided to issue a single quota for Malaysia. A verbal spat broke out between Singapore and Malaysia's central government after Singapore Finance Minister Goh Keng Swee blamed Kuala Lumpur for the collapse of textile talks between Britain and Malaysia.

He lashed out at the central government for wanting to give the lion's share of British quotas for textile exports to Malaysian states other than Singapore.

Pakistan textile exports up 7.50pc in July-October but tapers to just 0.4pc in October

Related Keywords: cotton export from Pakistan, Pakistan Bureau of Statistics, Textile exports from Pakistan, yarn export from Pakistan

Textile exports from Pakistan have apparently hit the ground in the first four month of the current fiscal year. Although export growth during the four month was a modest 7.55 per cent, October numbers is disappointingly low at just 0.4 per cent on year-on-year basis.

In terms of value, according to Pakistan Bureau of Statistics (PBS), overall textile exports during the four months were at US$4.69 billion as against US$4.361 billion in the corresponding months of 2012-13. Textile exports in October 2013 were at US$1.115 billion as against US$1.11 billion last year.

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