date:Jan 02, 2014
of exports entering the 27 European countries at zero tariff and 70% at preferential rates.
EU trade concessions will mainly benefit the countrys largest manufacturer and exporters of textiles and clothing by enabling them to compete with regional rivals of Bangladesh and Sri Lanka, which already enjoy duty free access to the EU market.
This special status will provide Pakistan duty concessions on 3,500 products to EU markets where currently Pak exports face an average of 11% duty. Industry