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HomeBusinessPakistan textile exporters warn EU-India trade deal could erode market advantage

Pakistan textile exporters warn EU-India trade deal could erode market advantage

KARACHI: Pakistan’s textile exporters risk losing their competitive advantage in European markets as improved trade access for rival countries and rising production costs threaten the sector, a leading industry representative warned on Saturday, urging the government to lower manufacturing costs and pursue new export markets. The warning comes as the European Union prepares to implement a free trade agreement with India that could reduce Pakistan’s relative tariff advantage under the bloc’s Ge

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