Related Keywords: deemed import basis for PSF, enhance MMF content in export products, implemented an incentives-laden, Knitwear, Pakistan Bureau of Statistics, Pakistan export of value added textile product, ready garment export, rise in preferential access, textile package, to European union under GSP plus scheme, witnessed raise
Pakistan’s exports of value-added textile products witnessed raise by 7.5 percent to $4.517 billion in 2014-15 from $4.202bn a year ago. Also exports of readymade garments grew 10.5pc to $2.101bn from $1.909bn, and of knitwear raised 5.37pc to $2.416bn compared to $2.293bn during the previous year. The reason behind the rise is preferential access to the 28 nation European Union under GSP plus scheme, according to the Pakistan Bureau of Statistics said on Monday.