Tax Free Import
Under European Union GSP plus scheme, All textile shipments from Pakistan are being treated DUTY FREE for import in EU ( European Union ) , since 1st January 2014. This exemption gives us leverage as compare to our competitors in EU market. Exporters of Towels, clothing and apparels are witnessing an increased demand from those EU countries. Pakistan’s textile exports are also booming due to the appreciation of Chinese currency as well as increasing wages in China. Even competitor companies in china are finding it cheaper to import from Pakistan than to produce themselves.