ISLAMABAD: Pakistan’s textile and apparel sector faces increased competition in the European Union (EU) following the conclusion of the EU-India Free Trade Agreement (FTA), analysts say. The deal effectively blunts Pakistan’s longstanding tariff edge, which had been supported by the GSP+ duty-free access scheme. Read More: Merz hints at EU–India free trade agreement by January The EU […]
apparel exports
Textile sector resilience: Pakistan’s apparel exports hit record $6.2 billion
Pakistan’s apparel exports have soared to a record-breaking $6.2 billion in the first eight months of the 2024-25 financial year, marking a 19% growth compared to last year. This growth has been impressive despite global economic challenges. The figures were shared with Federal Minister for Commerce Jam Kamal Khan during an internal meeting at the […]