Turkey Increased duties dis-appoint PTEA - Pakistan

Discussion in 'Economy' started by sharif, Mar 31, 2011.

  1. sharif
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    sharif VIP Member

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    Turkey Increased duties dis-appoint PTEA - Pakistan
    I want to share Turkey make a surprise move to increased duties when goods imported from Pakistan which dis-appoint and hurt the PTEA ( Pakistan Textile Exporters Association)

    New duties apply after increased are as follows
    1. 52.00% duties on Pakistani Garments
    2. 24.50% duties on denim fabrics
    3. 24.40% duties on woven fabrics


    This increased in duties structure is totally un-friendly and damage the relationship between two countries. In this regards PTEA office bearers widely criticised this increase in duties which harm Pakistan exports.

    This is the duty of Minister of Commerce or Foreign Minister to request Turkish Government not to increase duty to such level in which Pakistani products can’t reach to Turkish market.

    If our Government, Trade Bodies like FPCCI (Federation of Pakistan Chamber of Commerce & Industry ) or KCCI ( Karachi Chamber of Commerce & Industry ) do not play its due role than a few units must be closed by this increased in duties and more un-employment in our country.



    ( Ashfaq Sharif )
     
  2. ekrem
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    ekrem VIP Member

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    This ship will generate 20% of Karachi's energy demands. (12 Million city).
    We've sent that ship to Pakistan after the flood.
    It will stay there for 5 years.

    Turkish energy ship to generate electricity for Pakistan | Diplomacy | World Bulletin
    [​IMG]

    Besides that, we still upgrade your F-16's and deliver you spare parts free of cost for your helicopters.
    Turkey to provide spares of Cobra helicopter free of cost | Pakistan News


    Turkey wants FTA agreement with Pakistan.
    Turkey already imports 4 times more then it exports to Pakistan.
    If Pakistan does not want to ratify FTA, we'll tax your exports.
    If you sign FTA, we can increase and balance out trade. Cotton and Garments we can also import from Central Asian countries, who also need economic assistance.
     

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