KARACHI: Pakistan’s textile exports witnessed an increase of 26 per cent to hit a record high of $12.6 billion in the first eight months of the fiscal year 2022, the Pakistan Bureau of Statistics (PBS) reported on Wednesday. In rupee terms, the exports witnessed an increase of 33 per cent to 2.15 trillion during the … Read more
ISLAMABAD: Fiscal 2020-21 (July-June) proved an excellent year for Muhammed Saleem, as he exported garments worth $2.5 million. This year he aimed for a higher target, but the crippling gas shortages shattered all his dreams. “I was aiming to export garments worth at least $3 million during the ongoing fiscal year,” said Saleem, who owns … Read more
Pakistan’s garments exports to European Union (EU) had increased from $6.87 billion in 2013 to $7.98 billion in 2018. According to the details, the ministry of Commerce informed the National Assembly that the increase occurred a result of Generalized Scheme of Preferences (GSP+). The ministry told that under GSP+ Pakistan had duty free access in … Read more
