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ISLAMABAD: The
European Union EU has been asked to review the 13.1 percent
anti-dumping duty imposed on Pakistan's bed-linen exports,
Secretary Commerce Kamal Afsar informed Saturday.
Terming the duty
as `unjust', which has become effective from March 5, the
Secretary told a press conference here that "Commerce
Minister, Humayun Akhtar Khan has written to EU Trade
Representative, Pascal Lamay in this regard."
Kamal Afsar said,
we would take up this matter at all levels, as Pakistan's case
is very strong. He was hopeful the matter would ultimately go
in our favour, even if it is taken to appeal at Luxembourg and
or taken up at WTO.
He said, there was
a great demand of Pakistan's bed-linen in the EU market due to
its quality and competitiveness, with around $ 1.1 billion
overall export contribution last year including around $ 700
million only in EU countries.
The Secretary
said, there have been chain investigations against Pakistan's
bed-linen since 1994, as companies affected by Pak bed-linen
products' exports in EU have been lodging such complaints.
To a question,
Kamal said, owing to the global competitive trade era,
Pakistan was focussing on preferential trade arrangements and
regional trade arrangements, like South Asian Free Trade
Agreement (SAFTA), a draft agreement signed recently. He said,
Pakistan and Iran have also signed a Preferential Trade
Agreement (PTA), and the two sides would finalize the list of
items and tariff matters within next two months.
Kamal said,
Pak-Iran PTA will promote enhanced bilateral trade,
which is currently hovering around $ 400 million per annum,
through preferential treatment to each others industries. To
another query, he said, Pakistan has the most liberal trade
and tariff regime, with high competitiveness and no non-tariff
barriers in the region, adding, once there is a big market, we
will benefit and Foreign Direct Investment will also make its
way.
Secretary Kamal
added Pakistan was fully TRIPS and TRIMS compliant, except in
the automobile industry where there are still some deletion
programmes.
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