London, Nov 9 (ANI): Bangladesh has disapproved a European attempt to grant beneficial import conditions to Pakistani textile makers as an aid measure following devastating floods in Pakistan, according to diplomatic sources.
According to The Dawn, Europe and Pakistan had expected a long-announced plan for trade preferences for Pakistani textile makers to be approved during a meeting of trade diplomats in Geneva on Monday, but a Bangladeshi complaint effectively halted it.
"A meeting took place yesterday in Geneva. Bangladesh made a short statement saying that they have some concerns," a well informed diplomat in Brussels has claimed.
Another diplomat has said that Bangladesh was worried about the impact of the European measures, which would make it easier for Pakistan to export textiles to Europe.
Bangladesh competes with Pakistan for textiles sales to the European market.
The two year cut in tariffs offered by the EU would be a small boost for Pakistan's exporters. (ANI)
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