GSP Plus

Islamabad: Pakistan’s Generalised Scheme of Preferences Plus (GSP+) status with the European Union (EU), a crucial element of the country’s export strategy, is currently under a comprehensive review. The European …

ISLAMABAD, March 14: EU Mission in Pakistan with over 300 EU companies working in Pakistan is organizing an investment forum and seminar to explore more ways of investment opportunities. Today …

GSP+ incentive provides many Pakistani export-oriented products, including garments, bedlinen, terry towels, hosiery, leather, sports and surgical goods etc a duty-free access to the EU market.

As the European Parliament has passed this resolution with a majority, any time the EU can suspend GSP plus status which was granted to exports from Pakistan since 2014.