Pakistan give assurances to EU over the GSP Plus exports regulations

Pakistan give assurances to EU over the GSP Plus exports regulations

Pakistan has assured the European Union (EU) to comply with all the requisites for the continuation of duty-free exports to the 27-nation bloc.

Adviser to the PM on Commerce & Investment Abdul Razak Dawood during a meeting with Ambassador of the EU to Pakistan Androulla Kaminara said,

Pakistan has stayed focused and will adhere to the agreed timelines, despite the difficulties caused by the COVID-19 pandemic.

Adviser to the Prime Minister on Commerce Razak Dawood said the implementation of 27 conventions under the generalized scheme of preferences (GSP) plus is important for Pakistan for long-term national and social benefits.

The purpose of the meeting was to discuss various matters related to GSP plus and different avenues of cooperation between Pakistan and the EU, particularly for the development of small and medium enterprises, promotion of culture, and tourism industries.

Kaminara discussed various ideas for providing support to the freelancers in the IT sector, handicrafts, and tourism, with the focus on creating linkages within the European Union to open new markets for the products and services. Secretary commerce apprised the ambassador of various developments.

He said that a lot of emphasis is already on the development of small and medium enterprises under the ‘Pakistan Goes Global’ project and the strategic trade policy framework 2020-25. The meeting ended with both sides agreeing to hold more meetings and explore more avenues of cooperation.