Pakistan, EU to deepen trade and investment ties under GSP-Plus framework

October 21, 2025 (MLN): Pakistan and the European Union (EU) have agreed to explore new avenues to strengthen bilateral trade and investment relations, reaffirming their partnership under the GSP-Plus framework, which has played a vital role in boosting Pakistan’s exports and supporting sustainable development.

The understanding came during a meeting between Federal Minister for Commerce Jam Kamal Khan and EU Ambassador to Pakistan Raimundas Karoblis, APP reported.

Discussions focused on ongoing cooperation under the GSP-Plus arrangement and ways to enhance economic collaboration, investment opportunities, and private-sector engagement, including through the upcoming EU–Pakistan Business Forum.

The commerce minister appreciated the EU’s continued support and constructive engagement, noting that the GSP-Plus scheme has significantly contributed to Pakistan’s export growth and compliance with international standards.

He reaffirmed Pakistan’s commitment to upholding human rights, labor standards, and good governance in line with UN conventions linked to the GSP-Plus arrangement.

Both sides reiterated their resolve to maintain close engagement for mutual economic growth and sustainable development, emphasizing the importance of partnership in advancing inclusive trade and investment cooperation between Pakistan and the European Union.

Copyright Mettis Link News