04:19:27 local time VIET NAM
* Garment enterprises strive to take advantages of GSP:
Being aware that it is not easy to take advantage of the Generalised System of Preferences (GSP) mainly due to the certificates of origin of input materials, Vietnamese textile and garment enterprises are trying to take every available opportunity to increase their market shares.
A report by the Ministry of Industry and Trade’s Vietnam Economic News.
To boost exports to the European Union (EU) market, Executive Director of Garment 10 Corporation Than Duc Viet said although the GSP offers many preferential treatments for Vietnamese textile and garment imports to the EU, it is not an easy opportunity to seize due to obstacles in the rules of origin of input materials.
To deal with this issue and increase market shares in the EU, with consignments in Free On Board (FOB) mode of payment, Garment 10 Corporation actively negotiates with its customers to import materials from regional countries that also enjoy the preferential system like Thailand and Malaysia. As for Original Design Manufacturer (ODM) projects that the company is building, Garment 10 Corporation will focus on expanding the network of suppliers from the Association of Southeast Asian Nations (ASEAN) to take advantage of the GSP.
read more in BUSINESS IN BRIEF 6/4 (12th item).
* US opens wide door for Vietnamese exporters:
Ministry of Industry and Trade statistics show last year’s Vietnamese garment and textile exports to the US reached 8.6 billion USD, up 14.2% from the previous year, radio The Voice of Vietnam (VOV) reported on April 7.
Especially, the US remains Vietnam’s largest export market for such items as footwear, handbags and suitcases with a total export turnover of 3.46 billion USD, making up 33.6% of the sector’s total revenue.
The US is a highly lucrative export market for Vietnam businesses, said President of Sourcing at Magic, Chris Griffin who is also in charge of foreign customers of the Magic-Las Vegas Sourcing 2014 organising board at a recent seminar discussing strategies to penetrate and expand to the US market.
* US businesses keen on Vietnamese apparel imports:
Ministry of Industry and Trade statistics show last year’s Vietnamese garment and textile exports to the US realised US$8.6 billion, up 14.2% from the previous year.
- Making breakthroughs for garment and textile sector
- Garment and textile exports to reach US$19 billion
Especially, the US remains Vietnam’s largest export market for such items as footwear, handbags and suitcases with a total export turnover of US$3.46 billion, making up 33.6% of the sector’s total revenue.
The US is a highly lucrative export market for Vietnam businesses, said President of Sourcing at Magic , Chris Griffin who is also in charge of foreign customers of the Magic-Las Vegas Sourcing 2014 organizing board at a recent seminar discussing strategies to penetrate and expand to the US market.
* Vietnam-EU FTA to benefit enterprises in Vietnam:
An upcoming free trade agreement with the European Union will benefit many enterprises in Vietnam.
David O’Sullivan, EU diplomatic representative, said the Vietnam-EU Free Trade Agreement (FTA) was prompting many multinational companies to invest in Vietnam. Speaking at last week’s 9th Vietnam-EU joint meeting, he claimed that sectors like textiles, footwear, agriculture, high-technology and the motor industry would benefit from the FTA via tariff reductions which are due to be implemented by late 2014.
According to a March-released Mutrap report on a sustainable impact assessment of the FTA, by 2020, tariffs on footwear will be reduced to 0 per cent from the existing 12.4 per cent.
Locally-owned Hung Yen Garment Joint Stock Company is optimistic about the effects of the FTA. Last year the company’s export turnover from the EU was $21 million. “If the average export tariff is slashed to 0 per cent thanks to the FTA, this figure will be far higher,” said the company’s general director Nguyen Xuan Duong.
* Quang Binh – a lucrative venue to garment industry:
Many textile and garment businesses have poured more money into their business activities in the central province of Quang Binh as the local authority has upgraded its infrastructure, offered investment incentives and paid attention to improving the quality of its labourforce, the Vietnam Investment Review reported on April 7.
Ten years ago, Garment 10 Corporation (Garco 10) invested 35 billion VND (1.6 million USD) to open Ha Quang Garment Enterprise, specialising in the production of shirts in the province’s Dong Hoi Industrial Zone.
Last year Garco 10 advanced the project to the second phase with a 120 billion VND (5.7 million USD) investment which increased output from 4.8 million to 8 million shirts per year.
read more. & read more.
* Developing Vietnam into global jeans production centre:
Spain’s Jeanologia and its Vietnamese partner Phong Phu International Joint Stock Company have an ambitious plan to transform Vietnam into a global market leader in the production of high-quality environmentally friendly jeans.
Enrique Silla, President of Jeanologia- a Spain jean producer has said that Vietnamese products, especially jeans and knitted items, are finding their niche in the global marketplace and are emerging as a strong competitive rival in terms of price and quality.
Silla said that recent policy changes in China – currently the world’s largest jeans producer – have lessened the attractiveness of the Chinese market to the favour of investment in the Vietnamese garment and textile industry.
* Investments in weaving and dyeing facilities still meager:
Speaking to the Daily on the sidelines of a conference on French weaving technology in HCMC last week, Nguyen Van Tuan , vice chairman of the Vietnam Cotton and Spinning Association (VCOSA), said many investors entered in the local market last year but they were mostly involved in spinning and sewing activities.
Textile production normally goes through three phases – spinning, weaving and dyeing ( or finishing ).
For investments in the spinning segment, there were an additional one million new spindles last year, taking the total to 6.1 million which can turn out 720,000 tons of short fiber, 150,000 tons of long fiber and 1.4 billion square meters of cloth, according to the Vietnam Textile and Apparel Association (VITAS).
04:19:27 local time CAMBODIA
* Unions press ahead with strike plans despite arrest threats:
* Factories not monitoring chemicals, says ministry:
Following the mass fainting of hundreds of workers at garment factories last week, an official at the Ministry of Labour has raised concerns over the control of toxic chemicals.
Leng Tong, director of the Labour Ministry’s occupational health and safety department, said factories should be providing the ministry with “chemical safety data” to ensure greater protection of workers’ health.
“I appeal for all factories to have chemical [data] in the factory for the health department [to assess and act on],” Tong said.
“As we know, chemicals in the factory could damage the brain, blood, kidneys, liver, lungs and skin.… It is part of what makes the workers faint during working.”
Hundreds of workers fell unconscious last week in incidents at Shen Zhou, Daqian Textile – suppliers to Puma, Adidas and Nike – and New Wide factories.
* Union activist freed, but cops keep fliers:
A union activist detained in Svay Rieng province on Sunday for delivering fliers promoting a stay-at-home strike was released after three hours, but police kept the leaflets, he said yesterday.
When Kem Chamroeun, 25, of the Collective Union of Movement of Workers (CUMW) brought a stack of 5,000 leaflets to Full Fortune Knitting, police arrested him, he said.
“I was followed by many police officials, who stopped me and pushed me into their car,” Chamroeun said.
Provincial police officials could not be reached.
The fliers Chamroeun had been distributing encourage workers to stay at home between April 17 and 22 in protest against the government’s refusal to renegotiate the garment sector minimum wage and charges against 23 people arrested in early-January demonstrations.
* Van not fit for 21: CC3:
The director of the Kampong Cham prison where 21 men have been held since a January crackdown on garment strikes has said the detainees may not make it to their April 18 trial date in Phnom Penh, because his van is not equipped.
“There are more than 20. How can I have a car to bring them to trial?” Kea Sovanna, head of Correctional Centre 3, said. “My car is only for going to the nearby market to buy food to cook for them. This car can’t be used for long-distance trips of about 200 kilometres.”
Last month, the CC3 van’s poor condition was also cited as the reason for not transporting the men to a bail hearing.
Authorities arrested 23 people on January 2 and 3 as part of the strike crackdown.
* The Cambodians who stitch your clothing keep fainting in droves:
In this year’s first episode, more than 100 workers sewing for Puma and Adidas dropped to the floor in a single day.
It should have been an extraordinary scene: more than 100 factory hands fainting in unison as if possessed by spirits.
But in Cambodian garment factories, which play a major role in supplying American malls, mass fainting is no longer a freak phenomenon. It’s disturbingly common. The enigmatic problem is persistent despite waves of government studies, activist campaigns and vows to investigate factory conditions by global fashion empires such as H&M.
The latest mass fainting episode took place this month in a factory that, according to Reuters, supplies sportswear giants Puma and Adidas. Like other fainting outbreaks in Cambodia, it began with one worker falling ill and ended with more than 100 sprawled on the factory floor.
The companies told the news agency they were cooperating with authorities and closely monitoring the situation, and that the victims had received medical treatment.
* Cambodia’s economy projected to grow at 7.2 pct this year: World Bank:
Cambodia’s economy is forecast to grow at 7.2 percent this year, driven by continued robust growth of the garment and tourism sectors in combination with continued global recovery and political stability, the World Bank said in its Economic Update report released Monday.
“Economic growth for 2014 is projected to reach 7.2 percent based on a continued global economic recovery, the return of stability to the domestic economic environment and renewed confidence over the rest of the year,” the report said. “Potential further political uncertainty and labor unrest and an economic slowdown in China may pose downside risks.”
In addition, eight opposition-aligned trade unions are still demanding the government and the Garment Manufacturers Association in Cambodia to raise a minimum wage in the garment industry to 160 U.S. dollars from the current 100 U.S. dollars.
read more. & to read. & read more.
* BetterFactories Media Updates 5-8 April 2014, Linking the worst factories with the labels:
* to read in the printed edition The Phnom Penh Post:
2014-04-07 Date set for wage reform talks
2014-04-07 Leaflets get unionist in hot water
2014-04-08 Factories not monitoring chemicals, says ministry
2014-04-08 Union activist freed, but cops keep fliers
* to read in the printed edition The Cambodia Daily:
2014-04-05-06 Labor activists call out Nike, Adidas, Puma over faintings
2014-04-07 Linking the worst factories with the labels
2014-04-08 Unions press ahead with strike plans despite arrest threats
2014-04-08 World Bank predicts slight slowdown in 2014
BetterFactories Media Updates Overview here.
05:19:27 local time INDONESIA
* Trisula International to Acquire Mido Uniform for Rp 23 Billion:
Trisula International, an Indonesian garment manufacturer and clothing retailer, aims to take control of Mido Uniform, a Singapore-based firm, in the second quarter of this year in order to boost sales.
Lisa Tjahjadi, president director at Trisula International, said the acquisition was valued at Rp 22.9 billion ($2 million).
“We plan to own 85 percent of Mido,” she said during a shareholders’ meeting in Jakarta on Monday.
The acquisition is expected to boost sales growth at Trisula by 6 percent, the company said in a press statement.
Mido supplies uniforms to various companies including Marina Bay Sands Hotel and the Singapore Airlines ground crew. Both Trisula and Mido are units of Trisula Corporation, a Jakarta-based textiles group.Trisula eked out a 6.3 percent gain in net income to Rp 32.1 billion last year, as it booked a 20 percent growth in sales.
Net sales at Trisula rose to Rp 670 billion last year, compared with Rp 558 billion the year before.
Analysts said that the 44 percent increase in the minimum wage in Jakarta — to Rp 2.2 million a month — has affected margins at many Indonesian retailers.
“The 44 percent increase was the biggest strain on our performance — the reason why our net income growth last year was smaller than our sales growth,” Lisa said.
03:19:27 local time BANGLADESH
* Recent and Typical Worker Harassment – Collected Cases:
Worker abuse or harassment is nothing new in Bangladesh, neither has it been unknown in the west in its industrial age.
However, no matter how much of it may be rooted in our history, the need to develop human civilization demands to abolish it fully and forever.
Recently, with the European Accord and American Alliance working in full swing in Bangladesh, the focus for now is much more into the structural and safety issues surrounding garment factories across this country, but worker’s right is not limited to that. In this article we would like to focus on some collected stories of three garment worker who have been working in three factories of Dhaka, Bangladesh.
Their stories are collected from different worker federations by RISE Society, and are presented to you without particular details of the worker (which is withheld by us for their personal safety).
The stories which these workers willingly shared with us are vivid descriptions of worker abuse still being prevalent in some factories in Bangladesh which supply apparel for Brands in countries which advocate human rights globally, but somehow find it quite easy to compromise with human rights and worker rights violations when it happens in some poor country stitching their glittering outfits wearing which they display their “higher” politics and “critical” analysis on human rights, ethics and law.
While our article highlight the troubles of three workers, they are in no way undermining the need of these workers to have their jobs, and the contribution of these factories providing jobs for these workers.
These factories must remain, the jobs should be there, and the brands need to continue coming to Bangladesh.
However, no factory and no brand is doing a charity here, which means that they are doing business and earning far more profits then whatever they can and should invest for better working conditions, worker safety and taking on more responsibility for each other on the supply chain.
* Garment workers in the dark about jobs:
On the basis of Accord’s and a buyer’s inspections, 10 garment factories have so far been asked to suspend their productions
As more and more factories continue to be found structurally flawed and face resultant suspension orders, jobs of an increasing number of workers have remained at stake.
On the basis of Accord’s and a buyer’s inspections, 10 garment factories have so far been asked to suspend their productions. Nine of them employed a total of more than 11,000 workers.
The factories were located in Dhaka and Chittagong. Two of them however were told to resume production after reducing loads on the floors while others were asked to just suspend production and details will be told later.
“Production suspensions put both owners and workers at a difficult state. We cannot pay the workers as business gets halted,” said a factory owner.
Another factory owner who also faced suspension said final decision about the payment of workers’ during the temporary closure would be taken after detailed engineering assessment of the building.
“The production of our factory was suspended immediately after the instruction of Accord’s inspection review panel,” said Md Abul Akter, managing director of Men’s Apparel in Chittagong.
* 2 more RMG units closed partially:
Experts of a review committee on factory safety asked two more garment units in Dhaka to evacuate two floors within seven days as the condition of the building is critical to bear the load.
The factories –– All Weather Fashion and Crystal Apparels –– are housed in Shahabuddin Complex, an eight-storey commercial building located at Mohakhali area in Dhaka.
With the latest suspension of production in two floors at two factories, the number of total closed factories reached to seven and partially closed to two.
Production at three units at Mirpur in Dhaka had been suspended in March and four units in Chittagong suspended on Sunday.
The inspection teams of the Accord on Fire and Building Safety in Bangladesh, a platform of European retailers, last week recommended All Weather Fashion for immediate evacuation as they found structural flaws in the building.
* 2 RMG factories at Ctg attacked, looted:
The Chittagong chapter of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has condemned attacks on, ransacking and looting of the port city’s two factories by a group of unruly miscreants in the guise of garment workers.
They said outside goons ransacked the two garment factories and looted finished products and raw materials in the city’s Aturar Depot area under Baizid Bostami police station on Sunday.
The Chittagong unit of the BGMEA issued the statement on Monday after its leaders, accompanied by the police commissioner, visited the Day Apparel and the Day Fashion readymade garment (RMG) factories.
On March 15 last, a team of the ‘Accord’ inspected the Men’s Apparel located in the same building and opined that the building is risky. Following the report, a meeting of the review committee was held following a petition of the owner.
The review committee identified the building as risky and instructed the owner to immediately vacate it. The committee again sat in a meeting on April 5 and informed the concerned authorities regarding the decision.
Meanwhile, the management of the Day Apparel and the Day Fashion located in the same building declared lay-off in the factories and assured the workers of paying their salaries and benefits on April 8, Mr. Wahab said,
But, he said, it is very unfortunate that a gang of rowdy elements in the guise of garment workers went on rampage, ransacked the factories and looted finished products, fabrics etc on April 6 when the management was getting paper works prepared for paying salaries and benefits of the workers.
He said the factories were shut down at the advice of ‘Accord’. It is not possible for any management to relocate the factories within hours. It takes at least a few days.
“Such kind of labour unrest is taking place because of the activities of ‘Accord’ and ‘Alliance’. So they must shoulder responsibility of these incidents. Concerned quarters have opined that these unwanted incidents could have been resisted,” he said in the statement.
* National inspection policy being drafted:
The government is working to formulate a national inspection policy aiming at bringing all the industrial sectors under a regulatory system and establish a comprehensive database including outcomes of assessments, sources said.
The Department of Inspection for Factories and Establishments (DIFE), in collaboration with the International Labour Organisation (ILO), is preparing a draft in this regard, they added.
There is only an inspection manual for the readymade garment (RMG) industry while there are more than 45 other industrial sectors including jute, pharmaceuticals, ship breaking, ship-building, brick fields, chemicals, re-rolling, tannery and plastic sectors in the country, they pointed out.
The move has been taken following the country’s worst-ever industrial accidents like Tazreen Fashions fire and Rana Plaza building collapse that killed at least 1,249 workers, mostly garment workers.
* New building code to see a number of changes:
The updated Bangladesh National Building Code (BNBC), aiming to avoid disasters, is likely to receive approval by June this year.
A good number of changes will take place for the first time after twenty years since the drawing up of the code in 1993. And the country is yet to set up an implementing authority, sources said.
The new changes are made on the basis of US Building Code 2012 whereas the existing code is based on US Code 1989.
The government took up the project to update the code through House Building Research Institute (HBRI) and the scheduled time for completion was June last year.
HBRI director Mohammad Abu Sadeque said due to the occurrence of Rana Plaza collapse the consultant engineers and experts from BUET who were engaged by HBRI, were busy in other fields at that moment.
* European retailers yet to recruit local engineers for factory inspection:
The platform of European retailers is yet to recruit 25 local engineers as promised although factory inspections are going on in full swing.
The Accord on Fire and Building Safety in Bangladesh, a platform of around 150 retailers mostly headquartered in Europe, earlier said the recruitment of 25 local engineers, a demand of the factory owners, would be completed by early March.
Roy Ramesh Chandra, general secretary of the IndustriALL Bangladesh Council, Bangladesh chapter of IndustriALL Global Union, said the recruitment is being delayed due to procedural causes.
“We have plans to recruit the local engineers for the next five years as the inspection will continue for this time,” he said, adding that the Accord’s steering committee will discuss the matter in a meeting to be held in Dhaka on April 9-10.
* Bangladesh set to emerge as a middle income country:
The story of the Bangladesh economy exemplifies that of an underdog which had been continuously berated and belittled by the naysayers, as it struggled to maintain its growing population and at the same time, keeping away from myriad obstacles to growth.
But Bangladesh still has to bear the ignominy of the Least Developed Country (LDC) tag.
In post-independence period, the country was in tatters, as the nine-month war had a significant dent into the country’s infrastructure.
The situation was exacerbated by famine in mid-70s and political instability.
With liberalisation of business in 1980s, many entrepreneurs entered the fray starting new ventures.
Steady industrialisation followed and the formidable readymade garment (RMG) sector took roots during this period. In 1980s, the economy slowly made a transition from an agro-based economy to the one dominated by the secondary sector.
The early 90s saw further liberalisation as RMG export expanded with growing manpower export market. Several other industries also came up.
These are pharmaceuticals, leather, frozen food etc. Export- driven growth was propelled by the availability of cheap labour along with favourable tax regime.
* PM outlines plan for garment village:
Prime Minister Sheikh Hasina on Monday said the government seeks to set up a planned garment village to provide better and secured work place for the RMG workers.
She said this when President of the International Trade Union Confederation and Chairman of the German Confederation of Trade Unions (ITUC) Michael Sommer called on her at her Parliament office.
PM’s special assistance Mahbubul Hoque Shakil, who was present during the call on, briefed the reporters about the meeting.
The Prime Minister told Sommer that in all countries across the globe the first initiative started in unplanned way, but later it took concrete shape through some planned measurers.
Talking about the garment sector of the country she said that to uplift the fate of the RMG workers the government is making sincere efforts, according to a news agency.
to read. & read more.
* Govt plans RMG village:
Prime Minister Sheikh Hasina yesterday said the government plans to set up a “garment village” to provide secure working environment for the RMG workers.
She said this when Michael Sommer, president of the International Trade Union Confederation, called on her at her parliament office.
Hasina told Sommer that the first initiatives in all countries are always unplanned but later they take a concrete shape through planned measures.
She said the government was making sincere efforts to improve the working environment of RMG workers, the PM’s special assistance Mahbubul Hoque Shakil quoted her as saying while briefing reporters after the meeting.
If the buyers pay higher prices for RMG items, it would be helpful for the government to put pressure on garment factory owners to increase wages of workers, she said.
Sommer, also chairman of the German Confederation of Trade Unions, highly appreciated the government’s initiative after the Rana Plaza disaster. He said the efforts were acclaimed across the world.
He praised the government’s recent move to amend the labour law and appoint factory inspectors. “These are the positive moves of the Bangladesh government for the welfare of workers,” he said.
German Ambassador Albretcht Conze and Ambassador-at-Large M Ziauddin were present during the meeting.
* BB’s refinancing facility for jute industry:
The move by the Bangladesh Bank (BB) to create a Tk 2.0-billion fund for refinancing the country’s jute mills – both state-owned and private – and raw jute traders has merit but is fraught with risks.
This follows the government’s refusal to provide a payment guarantee against the scheme.
Against the backdrop of incurring heavy losses by jute mills under the Bangladesh Jute Mills Association (BJMA) despite the earlier injection of Tk 5.0 billion into the body for resuscitating its units under a 20-year programme, the government’s refusal to provide further such guarantee is understandable.
Now, will the fresh fund to be disbursed through commercial banks at as low an interest rate as 9.0 per cent improve the performance of the loss-making units?
If this is just a desperate attempt to save the dying factories, what should count most is the viability of those units.
A comprehensive assessment of the factories is well in order to see if they can survive after further injection of funds.
* Textile engineer shot dead in city:
A textile engineer was shot to death by miscreants at Green Road in the capital early Tuesday, reports UNB.
The deceased identified as Saddin Hossain Sani, 25, a textile engineer of a private company in Savar and son of Sawkat Hossain, a resident of Green Road area, hailed from Nawabganj upazila of Dhaka district.
Police said Sani came under attack of a group of unidentified miscreants, numbering 3-4, when he was standing in front of Labaid Hospital in the area around 12:45 am.
read more. & read more. & to read.
* News Brief:
Mr. Sayem Ahmed was elected Chairman of Dutch-Bangla Bank at a meeting of the Board of Directors of the Bank held Monday. Mr. Ahmed is a sponsor director of the Bank and was the Chairman of the Executive Committee of the Board.
He is director of a number of renowned textile and spinning industries of the country.
He has completed his Bachelors of Software Engineering from the University of Toronto, Canada and is a Certified Management Accountant (CMA) from the same University. — Press release,
02:49:27 local time SRI LANKA
* Lankan unions propose national minimum wage for private sector :
Sri Lanka’s trade unions are proposing a national minimum wage for private sector employees and to implement an unemployment benefit insurance scheme as well as a pension scheme for Employees Provident Fund members and a social security scheme for the informal sector.
They have also proposed to set up a national wages commission for the private sector.
These were the major suggestions included in a 9-point proposal submitted jointly by four leading trade unions to the National Pay Commission appointed by the President to assist the government in formulating National Wage Policy.
In computing the private sector minimum wage the basis should be the present public sector minimum wage amounting to Rs. 21,876 inclusive of allowances for increases in cost of living and inflation, trade unions pointed out.
02:19:27 local time PAKISTAN
* Suggestions on labour policy:
Various trade union leaders and representatives of the Working Women Organisation (WWO) across the province have given suggestions to the Punjab government over the newly drafted Labour Policy.
In a meeting on Monday, labour leaders termed the draft of Punjab’s first labour policy comprehensive, saying it covered workers’ main areas of concern. All Pakistan Trade Union Federation’s General Secretary and WWO Executive Director Aima Mahmood shared the draft of the Punjab government’s Labour policy with participants.
The participants said the policy needed to focus on the gender gap in social safety nets, especially in the informal sector of Pakistan. There is a need to introduce a new way to provide social protection to home-based, agricultural and domestic workers, said one of the trade union representatives.
All workers, including home-based, agricultural, brick kiln and domestic, were needed to be included in different government housing schemes, they suggested. Leaders of trade unions urged the government to develop an appropriate method of implementing the ILO Convention 100 (equal remuneration for men and women workers) and per hour wage of part-time workers, home-based, agricultural and domestic workers.
* Call to increase wages, pension:
Meeting arranged by the Peoples Labour Federation of Pakistan has demanded increase in the wages and pensions of labour in the national budget and condemned the unlawful firing of government employees from various departments.
This was said in a meeting of the Peoples Labour Federation of Pakistan and representatives of the government employees’ trade unions at the Federation’s office in Munshi Chamber, Old Anarkali, on Monday.
In the meeting chaired by Federation General Secretary Khalid Bokhari, labour policies and measures of PM Nawaz Sharif’s government were criticised for discrediting the country’s workforce. It was also decided by trade union leaders to launch a nationwide movement demanding the increase of wages, pensions and against unfair hiring and firing policies of government departments.
* Government committed to resolving textile sector’s issues: Afridi:
Federal Minister for Textile Industry, Abbas Khan Afridi, on Monday, hoped the country would avail maximum economic benefits from GSP-plus regime and assured the textile industry of the government’s complete support.
Speaking at a meeting held with the representatives of Council of Textile Associations and exporters at Pakistan Hosiery Manufactures and Exporters Association House (PHMA) here on Monday, the minister said that though the European Union has granted GSP-plus status to Pakistan, we could not succeed till now as our specific products are made for a specific European market.
* Textile industry: summary moved to ECC for non-stop energy, gas supply: Afridi:
Newly-appointed Federal Minister for Textile Industry Abbas Shah Afridi has said that a summary has been moved to the ECC of the Cabinet for continuous electricity and gas supplies to textile industry.
He disclosed it during his visit to APTMA, saying that no textile unit will let shut due to energy constraints. Also, he added, the government would ensure continuity of 15 percent growth in exports throughout the year after having it during February 2014. He said the government has set the goal of increase in textile exports by US $2 billion during the next financial year.