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Press release - Details
11.05.2011

EU TEXTILE AND CLOTHING INDUSTRY OPPOSES THE PROPOSED CHANGES IN THE GSP TO GRANT DUTY FREE ACCESS TO PAKISTAN

GSP Proposal- Euratex Press Release

In the proposal for the new GSP-Generalized System of Preferences presented yesterday by the EU Commission it is foreseen an increase in the Vulnerability Threshold of GSP+ from the current 1% to 2%. This change will have a severe impact on EU Textile and Clothing Industry. Commenting on the Proposal EURATEX President, Mr. Alberto Paccanelli, said “This increase in the vulnerability threshold of GSP+ was tailored made in order to include Pakistan among the beneficiary countries. If this proposal is approved Pakistan will be allowed to export to the EU without paying any duty. This decision, apart from having a negative impact on EU T&C Industry, will erode the preferences of the countries in need in favour of a stronger and already prevailing market player”.” More to read in the attached document

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Press_Release_GSP.doc233 K