Archive · Business Recorder
GSP+ is not a gift. Pakistan can lose it
Pakistan’s most valuable trade arrangement is being renewed on terms the country has never had to meet. For twelve years, GSP+ has asked Pakistan to ratify international conventions. From 2027, it will ask whether those conventions are actually working. That is a different test, and on current evidence Pakistan is not ready for it. The stakes are hard to overstate. The European Union buys more than a quarter of Pakistan’s exports. In 2024, about €7.5 billion of GSP+ eligible goods went to Europe, mostly textiles and clothing, and duty-free access saved exporters roughly €732 million. Without i...
ZAZTEK archives the headline, summary and publication date so the story stays findable. The full article remains the publisher's. Read it at Business Recorder →