WebMar 3, 2024 · The continuation of Pakistan's GSP+ status will provide a major boost to an economic decline that had begun in 2024. ... “All recipient countries, including Pakistan, will have to apply for renewal of GSP Plus status beyond December 2024 as 27 conventions with addition of a few more form the eligibility criteria for its extension,” she added. WebA recent report by the European Commission has found that media freedom in Pakistan has been deteriorating since 2024. Several organisations, including the UNPO, have called for the European Union not to renew its GSP+ preferential trading relationship with Pakistan until the country improves its human rights records.Nonetheles, despite growing concern …
‘EU extends GSP Plus status to Pakistan till 2024’
WebJun 22, 2024 · Pakistan is the major recipient of the GSP+ scheme for the last seven years. Under this status — set to expire on Dec 31, 2024 — there is zero per cent duty on several products. WebMar 7, 2024 · Since the grant of GSP Plus in 2014, Pakistan’s exports to the European Union have enhanced from 4.538 billion euros in 2013 to 7.492 billion euros in 2024, registering an increase of 65 percent. birthday gifts wrapped up
Pakistan
WebJan 1, 2014 · The EU´s current Generalised Scheme of Preferences (GSP) ( Regulation (EU) 978/2012) has been applied since 1 January 2014. The three arrangements of the scheme, the general GSP scheme, the GSP+ incentive scheme, and the Everything but Arms (EBA) scheme are reinforced by adjusting the preferences and ensuring they have … WebDec 11, 2024 · On 29 April 2024 the European Parliament called on the Commission and the European External Action Service to immediately review Pakistan’s eligibility for … WebApr 30, 2024 · The resolution was presented by Renew Europe, a European political group. It was adopted with a majority of 681 votes against six. The GSP+ scheme is an important mechanism to boost Pakistan's ... dannon fruit on the bottom