Pakistan textile export may be frustrated again due to unsatisfying preparation
Write:
Agatone [2011-05-20]
Bengal team with special task have recommended a new one basket inspiring plan, such as tax-free measure to improve textile industry s competition capability. The export of Pakistan textile & fashion may be frustrated again.
Because WE and EU plan to remove the restriction on China export within two and half years, The team with special task appointed by Bengal government delivers a new one basket suggestion.
Bengal belongs to least development countries, its textile & fashion exported to Western Developed countries can enjoy tax-free. Besides, Bengal government also provides some promoting policy to help inland textile industry hold world market share.
Assignment team also suggests increasing inspiring cash by double, increased from 5% to10%
On the contrary, the increasing production cost lead to the higher cost of Pakistan textile & fashion export. Last week, Indian renovates the promotion policy of textile industry. It seems that all textile manufacture countries are preparing for 2008. After 2008. The export restriction will not posed to any textile countries, including biggest textile export country in the world China.