Bangladesh Opposes Preferential Treatment to Pakistani Textile Manufacturers

Bangladesh does not approve of the EU’s attempt to give preferential import conditions to textile manufacturers in Pakistan. The EU’s aid measure was introduced after the flood in Pakistan, according to diplomatic sources.

The EU and Pakistan expect that the long-announced trade ex-gratia policy for Pakistani textile manufacturers can be approved at the trade diplomacy conference held in Geneva on Monday, but the complaints from Bangladesh have effectively endorsed this policy.

At a meeting in Geneva, Bangladesh made a brief life, saying that they are concerned about this, a diplomat said in Brussels.

Another diplomat said that Bangladesh is concerned about the impact of this measure by the European Union. The EU’s measure will enable Pakistan’s textiles to be easily exported to Europe.

In the EU market, Bangladesh competes with textile sales in Pakistan.

The two-year tariff cuts provided by the EU will provide a small boost to Pakistan’s exporters.

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