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• Vietnam's Ministry of Trade: Cancellation of Textile and Apparel Export Licensing Requirements.
• China's Ministry of Commerce: Result of the Second Negotiated Bidding of Textiles Exported to EU & the USA of 2007.
• US Customs: Limits for denim articles under AGOA. Preferential Treatment for Haiti's Apparel (HOPE). US-Jordan Free Trade Agreement.
• US International Trade Administration: China: VAT rebate rates reduced on certain textile/apparel products.
• China's Ministry of Finance: Reduction of Export Rebates - list of affected products.
• European Union: Commission Decision of 19 terminating the anti-dumping proceeding concerning imports of synthetic staple fibers of polyesters (PSF) originating in Malaysia and Taiwan.
• US International Trade Commission: Probable Economic Effect of Modifications to DR-CAFTA Rules of Origin and Tariffs for Certain Apparel Goods.
• US Committee for the Implementation of Textile Agreements: CAFTA-DR Short Supply Designation: Acrylic/Modacrylic.
• US Customs: CAFTA-DR Short Supply Designation: certain two-way stretch woven fabrics of polyester, rayon and elastomeric yarns. US-Singapore Free Trade Agreement Interim Rule.
• World Trade Organization (WTO): Technical Barriers to Trade: South Korea's Notifications. Trade Policy Review: Macao.
• Hong Kong Trade and Industry Department: Argentina: Import Licensing Requirement for Certain Apparel Products.
• European Union: EU's GSP Scheme: New list of "selective" products.
• US International Trade Administration: Anti-dumping reviews/Polyester Staple Fibers from Taiwan and South Korea.
• Hong Kong Trade and Industry Department: Second Invitation for Consultative Bids for Quantitative Limits of Textile Exports to the European Union and the United States.
• China's Ministry of Commerce: Second Invitation for Consultative Bids for Quantitative Limits of Textile Exports to the European Union and the United States (full details in Chinese).
• European Union: Correction of quotas on textile imports from China following enlargement to Bulgaria and Romania.
• India's Apparel Export Promotion Council: Notice to all garment exporters.
• US Customs and Border Protection: retroactive refunds of import duties under CAFTA-DR.
• US Committee for the Implementation of Textile Agreements (CITA): Short-Supply Determination under the CAFTA-DR (Correction).
• US International Trade Commission (USITC): Anti-dumping duties on PSF from China/Determination of injury.
• Hong Kong Trade and Industry Department: Results for Certain Enterprises Winning Bids for Quantitative Limits of Textile Exports to the European Union and the United States in 2007.
• European Union: Proposal for a Council Regulation amending Regulation temporarily suspending the autonomous common customs tariff duties on certain industrial, agricultural and fishery products.

ECC meeting to discuss R&D support to textile and leather industry

The Economic Coordination Committee (ECC) of the federal cabinet chaired by the prime minister is likely to witness a stormy session today. The demand from the textile and leather garment sector asking for increase in R&D support to enhance the dwindling exports will give a tough time to the economic ministers. The textile industry and the leather garment sector have demanded 6 percent R&D support for increasing exports.
The textile garment industry wants the 6 percent R&D support for at least 2-3 years as this would provide the needed support for the revival of Pakistan’s textile industry, which has started showing positive results. The commerce ministry has already forwarded summaries to the ECC seeking approval of the said R&D Support to increase exports.
The textile sector says non-provision of R&D support may result in closure of units and lay-offs.
The ministry has recommended that the proposed 6 percent R & D support should be provided to the exporters of leather garments on export to the EU, the USA, Canada, Australia, Japan and Switzerland. Senior officials in various economic ministries are of the view that inefficient textile and leather garments sectors have been seeking monetary support and thriving on government help, but they have failed to make reasonable progress.
The industry could not make progress even in the presence of the facility of rebates and refunds amounting to billions of rupees. They said exports had declined even in the presence of R&D support, so there was no need to extend it. TOP

Vietnam has out paced Pakistan in the textile sector

Vietnam has out paced Pakistan in the textile sector as textiles are now its main export base. Analysts have pointed out that Pakistan is growing rapidly from a narrow economic base and even then its growth is lower than that of India and China. They said economies in the entire South East Asian region are booming. Vietnam and Cambodia have resurged from closed socialist economies.
An analysis of various reports released recently by a reputed global research institution reveals that Pakistan is far behind its competitors in network readiness, travel and tourism, business, global retail development and political freedom. Transparency International reveals that Pakistan is ranked at 142 with a transparency score of 2.2 out of 10. India and China are placed at 70th position with transparency scores of 3.3 each and Sri Lanka is ranked 84th scoring 3.1 transparency points.
The Business Competitiveness Index recently prepared by World Economic Forum puts Pakistan at number 91 out of 125 countries in competitiveness. The transparency score of 2.2 out of 10, competitiveness at number 91, Network Readiness at 84th position, Travel and Tourism competitiveness at 103 out of the 125 countries shows a lot needs to be done if the country wants to remain competitive in today’s era of globalization.
Pakistan would have to improve its ratings on all these parameters to attain a sustainable growth. The thirty best Global Retail Destinations declared by AT Kearney places India at number one, followed by Russia and China. The list includes countries like Vietnam, Algeria and Indonesia but Pakistan is missing on the list.
In the list of best FDI locations Pakistan is not among the top 20 countries. The Freedom Index (based on political, economic and press freedom) released by Freedom House of the United States declares India a free country. Bangladesh, Sri Lanka and Afghanistan are classified as partially free countries but Pakistan falls under the grouping of those countries that are not free at all. Pakistan needs to address all the low performance and other socio-economic parameters adequately. TOP

PM acclaims Ministry of Textiles

The Prime Minister of Pakistan Shaukat Aziz has said that all the stakeholders of the textile sector may be taken on-board to develop a comprehensive textile policy. The Prime Minister appreciated the efforts of the Ministry of Textile Industry for a detailed assessment of the issues and useful proposals. A presentation was given by the Ministry of Textile at the Prime Minister’s Secretariat for the approval of broad outlines of the Textile Policy.
The Prime Minister said that the textile policy should be implement-able.
Proper implementation of the Textile Policy, he added, would require better coordination and linkages with other policies of the government. Reasonable benchmarks should be formulated in order to improve the performance of the all the Textile sectors, he added.
The Prime Minister said that globalization and competitiveness demands that our textile industry should focus upon quality and productivity. Our domestic production of cotton has to be fully leveraged to create demand for our textile goods in international and domestic markets. The Secretary Ministry of Textile Industry made a detailed analysis of all the sub-sectors of the textile industries in a presentation. The presentation was attended by Federal Minister for Textile Industry Mr. Mushtaq Cheema, Advisor Finance Dr. Salman Shah, concerned Federal Secretaries and senior officials. TOP

Textile ministry projects export target at $13 bn

The ministry of textiles has set an export target projecting more than $13 billion for the fiscal year 2007-08 up by 20 percent from the current fiscal year target, textile minister, Mushtaq Ali Cheema said here on June 23. He clarified that, during the fiscal 2006-07, it has been estimated that the textile exports will reach $11 billion. However, the domestic textile exports reached $9.816 billion during the 11 months of the current fiscal against $9.257 billion over the same period of last year. However, the low growth in textile products was mainly because of the high cost of production, while the six percent Research and Development (R&D) subsidy will help the industry to finance the additional cost incurred on account of innovation of products and improving skills of the employees, he added.
The textile ministry is confident that the growth in textile products will be around 20 percent in 2007-08 as against the average growth of six per cent in the year 2006-07 and the share of textile products in total exports reached 63.3 percent in the 11 months of the current fiscal as against 61.9 percent during the same period last year. The export of almost all products excluding raw cotton, cotton cloth, and bed wear recorded marginal growth during the first 11 months of the current fiscal over the last year, official figures compiled by the Federal Bureau of Statistics (FBS) showed. During the July-May 2006-07 period, export of readymade garments witnessed a growth of 5.35 percent to $1.254 billion as against $1.190 billion over the same period last year; export of knitwear also recorded a growth of 12.94 percent to $1.773 billion as against $1.570 billion over the same period last year.
The stats also showed that export of raw cotton, cotton cloth, and bed wear recorded a negative growth by 21.73 percent, 4.10 percent and 3.10 percent, respectively; whereas export of cotton yarn, cotton carded and yarn other than cotton yarn, was up by 4.21 percent, 3.92 percent and 82.59 percent. TOP

Govt to resolve textile related issues

The federal government, even though ruling out any cut in electricity rates, has promised to evaluate genuine grievances and help resolve textile related issues in the coming days, the chairman of All Pakistan Textile Association (APTA), Adil Mehmood said here on June 23. The All Pakistan Textile Association along with five other spinners met Prime Minister Shaukat Aziz, Minister for textiles Mushtaq Cheema and Dr Salman Shah at the PM’s chamber in the National assembly and apprised him of their grievances. He further clarified that the PM advised that it was not possible to reduce electricity rates but consented to look at the impact of power rates on the industry. Further, the government was warned that the spinning industry is closing and if concrete steps are not taken immediately, many more will close down.
The closure will leave around 2 million unemployed, directly or indirectly employed will be rendered jobless in the near future and so if the remedial measures were taken, the textile spinning industry could only be saved, the APTA delegation proposed to the government..
They also demanded 5 percent R&D for textile spinning sector as was given to other textile sectors and was proposed to be allowed on all sales and exports as eventually most of the yarn is exported directly or after conversion. Except spinning under the LTF scheme, it was proposed that loans of long term and short terms may be converted to 7.5 percent mark-up rate, repayable over a period of 7 years, to cover leasing and bank lending; as has been done for other textile sectors. The association also demanded concession from PM, even for mills which have not been able to keep up with their payments and they too be allowed to avail of this facility of 25 percent reduction in utility prices for textile spinning mills; as had been done for the agricultural sector. TOP