PAKISTAN GSP+ STATUS ASSURED FOR NOW, SAYS EUROPEAN COMMISSION
February 1st, 2016
PAKISTAN’S textile producers will continue to benefit from European Union (EU) preferential tariffs following a European Union’s decision not to suspend Pakistan’s ‘generalised scheme of preferences plus’ (GSP+), status despite concerns about its human rights record.
The scheme has been beneficial to Pakistan’s textile industry - textiles and clothing account for around 75% of Pakistan's exports to the EU. The GSP+ benefits allow 80% of Pakistani textile and clothing imports to enter the EU at preferential tariffs. Items include table and bed linen, ...
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