U.S. Extends Quota Period for Pakistani Textile Imports
The United States Trade Representative announced an extension of the twelfth quota period for specific textile imports from Pakistan under HS Code provisions, allowing duty-free access for an additional three months in the 2023-2024 period commencing October 1.
September 15, 2023
Impact: This extension provides Pakistani exporters with continued market access, potentially increasing textile exports to the U.S. by 10-15% during the extended period, while benefiting U.S. consumers with lower-cost goods.
Pakistan Seeks Expansion of Quota-Eligible Textile Categories
Pakistan’s Ministry of Commerce has requested the U.S. to include additional textile products under the twelfth quota period for duty-free imports starting October 1, citing mutual trade benefits.
August 20, 2023
Impact: If approved, this could diversify Pakistan’s export portfolio to the U.S., strengthening bilateral trade ties and potentially increasing export revenue by $200 million annually.
U.S.-Pakistan Trade Talks Focus on Quota Compliance
During recent bilateral trade discussions, the U.S. emphasized stricter compliance with quota limits under the twelfth quota period for Pakistani imports, aiming to ensure fair trade practices for goods eligible from October 1.
July 10, 2023
Impact: Stricter enforcement may limit over-quota shipments, potentially reducing Pakistan’s export volumes if compliance issues arise, affecting smaller exporters disproportionately.
