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.
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