GSP+ status: a major success
The European Parliament has decided to extend the existing GSP (Generalized System of Preferences) for another four years (till 2027), whereas, European Council is expected to give its final approval for…
The European Parliament has decided to extend the existing GSP (Generalized System of Preferences) for another four years (till 2027), whereas, European Council is expected to give its final approval for…
As a beneficiary of the GSP+ since December 2013, Pakistan has enjoyed 10 years of duty-free access to the EU market. GSP+ status has not only supported our exports but…
Pakistan has ratified all conventions related to climate change and ozone depleting substances (ODSs). The global GHG emissions data indicates that Pakistan contributes to around 1% to these emissions (UNEP…
Pakistan’s export performance data and progress by the World Bank indicates that the country’s exports have reached around $35 billion, showing a 24% increase compared to that of 2020 (Macrotrends…
The General System of Preferences (GSP) is a mechanism introduced by the European Union (EU) to grant non-reciprocal preferential treatment to imports from developing countries, without legally violating the obligations…
Recently, the European Union (EU) extended Pakistan’s Generalized System of Preferences (GSP) Plus status for another two years. Since the 28-member bloc constitutes the single largest market for Pakistan’s exports,…
In December 2013, subject to its compliance with 27 UN-ILO conventions, the EU Parliament approved the grant of 10-year GSP Plus status to Pakistan by a huge majority; 409 votes…
Less than a year from today, the GSP Plus status granted to Pakistan would be reviewed by the EU. Pakistan had ratified the EU-specified 27 UN-ILO conventions but did little…
Previously a beneficiary of the tariff cuts under the Generalised System of Preference, Pakistan is one of the 10 countries which have been granted the Generalised System of Preference Plus…
The European Union has granted the Generalized Scheme of Preferences (GSP) Plus status to Pakistan in December 2013. This status is likely to increase access to the EU market through…