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HomeEconomyEU likely to maintain Pakistan’s GSP+ Status, Sajid Karim

EU likely to maintain Pakistan’s GSP+ Status, Sajid Karim

Member European Parliament Sajad Karim, has expressed his belief that Pakistan was on the right course towards maintaining its GSP+ trade status.

MEP Dr. Karim, who is Chairman of the South Asia Trade Monitoring Committee within the European Parliament, specifically convened the meeting to hear from the visiting Pakistani delegation, where they gave evidence on the country's current state-of-play of GSP+ implementation, which included Defence Minister, Khurram Dastgir Khan. The group also consisted of various other high-ranking members, including Senator Syed Shibli Faraz, Chairman of the Senate Standing Committee on Commerce and Textiles, Siraj Muhammad Khan MNA, Chairman of the National Assembly's Standing Committee on Commerce and Textiles and Fehmida Mirza MNA, Former Speaker/Member of Pakistan EU Parliamentary Friendship Group.

According to a report received from Brussels, the meeting – which took place with the Pakistan-EU Parliamentary Friendship Group on EU-Pakistan trade and investment relations – follows the publication of a European Commission report last Friday demonstrating the progress made by the country over the past two years in relation to the EU's beneficial trade scheme.

Speaking in Brussels, Dr. Karim said “Last week's report on the current state-of-play of GSP+ in Pakistan demonstrated the progress being made by Pakistan within the criteria set by the trade scheme, albeit with areas of improvement still needed. “That is why I was pleased to welcome the delegation to the European Parliament today so soon after the publication of the Commission report and for the evidence they gave to the Committee which will prove ever useful in regard to our trade relationship. “I am confident that Pakistan is on the right trajectory towards maintaining their GSP+ status, but in order to do so they must continue to meet the targets set by the EU that come as being a part of the scheme,” he added.

Dr. Karim was instrumental in Pakistan gaining its coveted GSP+ trade status and in 2015 was awarded the Sitara-i-Quaid-i-Azam – the highest national honor to non-Pakistanis for services that have helped the country – joining ranks with the British Queen and Nelson Mandela. He also chairs the Friends of Pakistan Group within the European Parliament.


Posted on: 2018-01-24T14:34:00+05:00
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