AIRLINK 76.15 Increased By ▲ 1.75 (2.35%)
BOP 4.86 Decreased By ▼ -0.09 (-1.82%)
CNERGY 4.31 Decreased By ▼ -0.03 (-0.69%)
DFML 46.65 Increased By ▲ 1.92 (4.29%)
DGKC 89.25 Increased By ▲ 1.98 (2.27%)
FCCL 23.48 Increased By ▲ 0.58 (2.53%)
FFBL 33.36 Increased By ▲ 1.71 (5.4%)
FFL 9.35 Decreased By ▼ -0.01 (-0.11%)
GGL 10.10 No Change ▼ 0.00 (0%)
HASCOL 6.66 Decreased By ▼ -0.11 (-1.62%)
HBL 113.77 Increased By ▲ 0.17 (0.15%)
HUBC 143.90 Increased By ▲ 3.75 (2.68%)
HUMNL 11.85 Decreased By ▼ -0.06 (-0.5%)
KEL 4.99 Increased By ▲ 0.12 (2.46%)
KOSM 4.40 No Change ▼ 0.00 (0%)
MLCF 38.50 Increased By ▲ 0.10 (0.26%)
OGDC 133.70 Increased By ▲ 0.90 (0.68%)
PAEL 25.39 Increased By ▲ 0.94 (3.84%)
PIBTL 6.75 Increased By ▲ 0.22 (3.37%)
PPL 120.01 Increased By ▲ 0.37 (0.31%)
PRL 26.16 Increased By ▲ 0.28 (1.08%)
PTC 13.89 Increased By ▲ 0.14 (1.02%)
SEARL 57.50 Increased By ▲ 0.25 (0.44%)
SNGP 66.30 Decreased By ▼ -0.10 (-0.15%)
SSGC 10.10 Decreased By ▼ -0.05 (-0.49%)
TELE 8.10 Increased By ▲ 0.15 (1.89%)
TPLP 10.61 Decreased By ▼ -0.03 (-0.28%)
TRG 62.80 Increased By ▲ 1.14 (1.85%)
UNITY 26.95 Increased By ▲ 0.32 (1.2%)
WTL 1.34 Decreased By ▼ -0.02 (-1.47%)
BR100 7,958 Increased By 122.7 (1.57%)
BR30 25,727 Increased By 396.8 (1.57%)
KSE100 75,878 Increased By 1000.4 (1.34%)
KSE30 24,343 Increased By 355.2 (1.48%)

Pakistan will get additional quantity of textile quota from the European Union after the induction of 10 new member states on May 1, 2004.
This quota will be enhanced on the basis of past performance of Pakistan's exporters to the ten 'new states' in the past three years, from 2000 to 2003.
In this regard, Export Promotion Bureau (EPB) has asked those exporters who had been exporting textiles and clothing to these ten states during 2000 to 2002 to submit their performance data by April 15, 2004.
According to EPB here on Monday, this data will be used for claiming enhancement of Pakistan's quota in the enlarged textile quota from the European Union.
The EPB has sought evidence of export shipment including copies of shipping bills, bills of lading, invoices, Forms E, bank credit invoices from exporters after proper checking from the concerned textile associations.
The Bureau will make allotment on the basis of these documents to the exporters of these new states, which include Czech Republic, Estonia, Cyprus, Lithuania, Latvia, Hungary, Malta, Poland, Slovenia and Slovakia.
The chosen methodology to amend the quota quantities takes into account the traditional imports into the new member states under a formula based on the average of last three years' imports into the ten new member states originating in third countries, adjusted pro rata for the period May 1 to December 31, 2004.
The last three years will be 2000 to 2002 selected as the most significant and representing the latest available information about the ten new member states imports of textiles and clothing.

Copyright Associated Press of Pakistan, 2004

Comments

Comments are closed.