Pakistan has reinforced its position as the largest beneficiary of the European Union’s GSP+ trade scheme, with exports worth €7.115 billion benefiting from preferential tariffs in 2024. The latest EU GSP+ Report highlighted Pakistan’s 95.1% utilisation rate, reflecting the country’s effective use of the trade facility. The report also recognised continued progress in governance, labour […]
Pakistan GSP+
Pakistan tops EU GSP+ export beneficiaries
Pakistan emerged as the leading beneficiary of the European Union’s GSP+ trade scheme, recording €7.1 billion in exports to the EU during 2024. The latest EU GSP Report also highlighted Pakistan’s utilisation rate of more than 95%. However, it stressed that continued reforms remain essential to retain future trade benefits. The GSP+ programme grants developing […]
EU welcomes Pakistan’s compliance with GSP+ conventions
The European Union has welcomed Pakistan’s progress in implementing international commitments under the GSP+ framework. The EU urged further reforms ahead of its next monitoring review, Pakistan’s Foreign Office said. The update came during the 15th Pakistan–EU Joint Commission meeting in Brussels on December 17. Both sides reviewed Pakistan’s implementation of 27 international conventions required […]