The trade incentives extended to pakistan under the gsp plus by eu played a positive role in boosting pakistan's exports pakistan's exports to eu increased by 38% from 425 billion euros in 2013 to 628 billion in 2016 garments exports to european union (eu) increased by 75%, said federal minister for commerce, engr khurram dastgir khan. Karachi: british deputy high commissioner elin burns on wednesday said london will continue to maintain pakistan's gsp plus status in the wake of. In december of 2013, pakistan acquired the gsp plus status from the european union, granting member states duty-free access to 96 percent of pakistani exports to the eu pakistan was the second country in all of south and southeast asia to receive the trade advantage, giving it a 10 to 14 percent duty advantage over [. Pakistan will continue to receive uk support for its generalized system of preferences plus (gsp) status awarded from the european union to pakistan. Pakistan gsp plus+ status got an extension for two years, pakistan gsp plus+ status got an extension for two years, pakistan gsp plus+ status got an extension for two years. Full-text (pdf) | abstract the purpose of the study is to investigate the impact of generalised system of preferences (gsp) plus on household income of pakistan european union, the largest trading partner of pakistan, granted the status of gsp plus to pakistan in december 2013 the study has used. Lahore - the business community has called for more policy reforms to get maximum benefits from generalised scheme of preferences (gsp) plus status awarded to pakistan. Pakistan gsp plus status the status of generalized system of preference plus, commonly referred to as gsp plus was awarded to pakistan with effect from january 2014.
Islamabad: the european union (eu) on tuesday decided to retain pakistan's generalised system of preferences (gsp) plus status, dunya news reported. London: pakistan high commission london hosted a dinner reception to celebrate gsp plus status to pakistan and to thank all those who consistently supported pakistan to achieve this status on 30 january 2014. The european union, eu, has extended pakistan's generalised system of preferences plus, gsp-plus, status after a review by relevant committee. Eu gsp plus scheme - faqs pakistan 1 what is the gsp plus and how does it differ from 'normal' gsp withdrawal of gsp plus status 6 what can pakistan do to ensure that it continues to benefit from gsp plus status.
European union today granted gsp-plus status to pakistan, a move that is expected to boost the textile and other industries. The european parliament decided yesterday about pakistan's future in regards to the extension of the generalised scheme of preferences, the gsp plus scheme exactly 406 parlamentarians supported the inclusion of pakistan in the preferential scheme and thus granted pakistan gsp plus status until. 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 duty free imports of gsp-eligible products.
A relentless gossip about the gsp plus status awarded to pakistan is on the frame in media know a days gsp stands for generalized system of preferences. Islamabad (dunya news) - the european union has granted generalised scheme of preferences (gsp) plus status to pakistan the european parliament was considering the gsp+ package for 10 developing countries in all the eu parliaments international trade committee has voted 17-12 in favour of pakistans inclusion in the scheme for duty-free access.
Beyond the gsp plus status - maintaining the status & enhancing trade with eu v table 18(1): mineral products pakistan was granted gsp plus status from calendar year (cy) 2014 utilizing the official data source of the eu, the eurostat. The pakistan business community welcomes the european union decision to retain the generalized system of preferences (gsp) plus status for two year. Presentation/assignment on gsp+ and its impact on pakistan's economy 250 million can be earned massive employment opportunities would be created in many industries after the grant of gsp plus status. Free essay: impacts of gsp plus status on pakistan's economy during last days pakistan succeeded to secure the long awaited duty-free access to the european.
The european union (eu) granted generalized system of preferences (gsp) plus status to pakistan effective from 1st january, 2014 this study conducted by the pakistan business council (pbc) reveals that maximum additional increase in imports from pakistan to the eu after fulfilling all criteria under the gsp plus scheme is estimated to be of us. Brussels (web desk) the european union (eu) has extended pakistan's generalised system of preferences plus (gsp-plus) status after the european parliament's committee on international trade expressed satisfaction on the progress achieved by the country in enacting new laws for implementation of 27 core conventions of gsp plus, especially.
Pakistan gsp+ view 204 likes pakistan enjoys gsp+ status since 2014 helping it's exports to eu market gsp plus status review for pakistan in eu geo news report on gsp plus status review for pakistan in eu youtubecom pakistan gsp+ view added 3 new photos to the album. Faisalabad: the decision to continue the gsp plus status for pakistan will be made on the basis of biannual review during next week by the parliament of european union (eu. The european union imports from pakistan amounted to 55 billion euros in 2014, making it one of the largest countries to reap benefits from the gsp-plus status granted to the country on january 1, 2014, according to a report released by the eu. News & events eu granted gsp plus status to pakistan 14 nov, 2017 eu granted gsp plus status to read more imports of textile in europe 12 nov, 2017 from 1st january 2014 all imports of textile in europe from pakistan will be treated as duty. In december 2013, the european commission granted pakistan with generalized system of preferences (gsp) plus status giving tariff free access to certain pakistani goods to the eu markets.