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Apparel exporters ask govt to expedite India-EU FTA.


Date: 15-07-2014
Subject: Apparel exporters ask govt to expedite India-EU FTA
NEW DELHI: Apparel exporters on Monday sought expeditious finalisation of the India-EU Free Trade Agreement (FTA) to enable better market access for Indian exporters whose total outbound shipments stood at $15.7 billion last year.

"India's clothing exports to the FTA countries have increased significantly after signing of the FTA/PTA (Preferential Trade) agreements.

"These markets accounted for 12% share of India's clothing exports and around 58% (of $475 million in 2013) share in the country's global clothing import," Apparel Exports Promotion Council (AEPC) chairman Virender Uppal said.

Source : timesofindia.indiatimes.com

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